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Tuesday, May 19, 2009

A Great Time to Buy a Home!

We are very much in a "buyer's market". According to InvestorWords.com a Buyer's Market is:

•A market which has more sellers than buyers.
•Low prices result from this excess of supply over demand.
•Also called a soft market.
•Opposite of Seller’s Market.

Obviously if people had more confidence in their income and equity, homes would be selling at a fast and furious pace until demand caught up with the supply. Buyers need to consider their own comfort level and confidence in their "means".

But, if you have been sitting on the sidelines waiting for a better deal please consider that the combination of choice, price, interest rates, and seller incentives may not get much better. And if you have not owned a home for the past three years, you should be eligible for the Federal Tax Credit which will expire by year end.

Have a house to sell and don't want to jump out of the frying pan and into the fire? I don't blame you! We all need to buy a house well within our means. Seriously consider how you can rightsize into a better home and community. Small manageable homes have always been in fashion at Jensen communities. And although they may be smaller, they are big on comfort, efficiency, and as carefree as a home can get. The planned simplicity in floor plans meets the needs of those looking to rightsize their lives in a safe and friendly neighborhood setting.

It is time to get off of the fence and get looking at the great homes on the market!

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