My Mortgage Blog

Market is Looking up!
October 9th, 2009 11:36 AM

Rates are still GREAT and the $8,000 tax credit has been helping the market!  The level of inventory of houses on the market for sale has been decreasing.  It is actually around 8 months of inventory which is getting closer to our standard level (pre-Great Recession) of 6 months of inventory!!!  This is going to help stablize current sale prices and equity for those that currently own.

Sounds like they may extend the tax credit through 2010. 

Let's hope so! 

But don't delay...call today to get approved...772-263-2820.


Posted by Tom Davis on October 9th, 2009 11:36 AMPost a Comment (0)

The end of the $8,000 tax credit!!
October 20th, 2009 10:37 AM

The tax credit ends the end of November 2009 and it has not been extended.  This has been a huge boost to the real estate market and the economy as a whole!

So what can you do to keep our economy moving in the right direction...Click here and sign the petition to extend it.  It only takes a minute so please take the time to help!

If you need to get prequalified call now...772.263.2820


Posted by Tom Davis on October 20th, 2009 10:37 AMPost a Comment (0)

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