Not surprising that everyone is turning blue waiting for news of and extension and possible expansion of the home buyers federal tax credit. Most mortgage companies will no longer guarantee a closing prior to Dec. 1st unless home buyers are already in the pipeline.
Regardless of our Governments decision, it is still an ideal time to buy a home either for a first time home owner or someone looking to upgrade their family home. Interest rates are still very low, prices are stable and SONYMA is still offering great incentives for their target areas.
Call a realtor today to find out house you can turn the current market conditions to your advantage.