Wednesday, December 23, 2009

3-4 Reasons to Buy a Home Now

http://www2.cabr.org/files/6monthschartconsumerisimarticle.pdf
This link shows a graph with June-Nov. 2009 local home sales vs. the same period one year ago in the Cincinnati Area. All 6 months in 2009 beat the previous year!

The article also covers the topic of (1) low mortgage rates, (2) ample supply of homes for sale…but shrinking, (3) remaining time with the home buyer tax credit, and (4) the possibility that FHA could raise its down payment requirements from 3 ½ % to 5% sometime in 2010.