Home sales are increasing nationwide now about 7% per month. Buyers are taking advantage of low prices and great low rates on loans. Plus, the current $8,000. tax credit for first time home buyers which ends November 30, 2009.
California’s median price of an existing singly-family home increased about 4% last month. Different regions varied from declines of around 10% to around 40% increases in our area of Placerville / El Dorado County, California.
“Buyers beware” and don’t be procrastinating. Explore and get the facts on what are your specific market opportunities. Interest rates are expected to increase in a few months and home prices may be leveling out. Various other factors could influence buyers affordability and qualifications. So, now is the time to see how you can benefit!
