First Time Home Buyers
I’m constantly being asked, if the market is picking up. My answer is always the same; “Yes, if your property is priced right, especially, if it’s in the first time home buyer price point.” As of this Sunday evening, according to the MLS, there are 38 single family homes listed for sale, priced at $185,000 or under, in Oconomowoc, Arrowhead and Kettle Moraine School Districts. Ten of them have offers. I have just received multiple offers on my Grove Street listing in Oconomowoc, and have heard from other agents who have similarly priced properties for sale, that they are receiving competing offers, as well. Wow!
What does this mean? I think it means that buyers are heeding the advice to stop waiting for the so called bottom of the market, and are moving to receive excellent deals at great prices with great rates, while also cashing in on the $8000 first time home buyer credit. Buyers can no longer afford to wait if they want to cash in on the many opportunities that are available, AND receive their tax credit.
If you are a first time home buyer, and would like to have a free, no obligation analysis of your ability to purchase your first home, please call me at 262-567-8302 ext. 239.
Posted by:
Karen Trepton
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the first time home buyer is out buying homes all other price ranges begin to see movement. Sara and Andrew took advantage of the $8,000 incentive and just bought their first home in Oconomowoc. The $8,000 definitely made a difference when it came time to think about buying their dream home. “Without the incentive, I think we would not be able to move forward with our new home, which we love and can’t wait to move into this May!” says Sara. With the help of their lender and REALTOR®, Glenn Hanon, Sara and Andrew grew more excited that apartment living would be a thing of the past. The credit will help with the down payment and perhaps a small improvement to their home. “2009 is the year to buy”, explained Andrew, “We were able to buy the house we wanted.” If you are contemplating a move from a rental and you think you may qualify for the $8,000 credit, feel free to call me at the office, 262-567-4349 and we can meet to discuss your dreams.
Glenn Hanon
