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.
*The First Liberty Mortgage Team is a proud member of HomeTown Lenders, LLC
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