"The Capital Region real estate market remains strong.  Pending sales are up for the sixth consecutive month.  Available inventory has risen which is noteworthy for buyers; especially those who are considering utilizing the first time or move up buyer tax credit.  Consider these "market ingredients":

1.  Interest Rates:  They are near historic lows.  This is a great benefit to both first time and repeat buyers.

2.  Incentives: Beyond the great tax advantages of home ownership, the Federal Government has extended the First Time/Repeat Home Buyer Tax Credit through April 30th, 2010 [with closings occurring by June 30th, 2010].

3.  Inventory:  While there is ample available inventory for buyers, the market still can sustain additional inventory in almost every price point.  This is a benefit to buyers and an advantage to prospective sellers.

4.  Prices:  Affordability is at record levels now! 

These four ingredients combine to create the great recipe for home ownership!

For additional information on how to buy a home or sell a home, please contact me directly.


Sharon Kopcza

Sharon Kopcza

Licensed Real Estate Salesperson
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