Time to buy!
Unprecedented changes in the banking industry and real estate market have created the perfect storm for buyers. In some areas properties are selling for 10 percent of their peak market value. Locally, I am seeing deals happen at 55 to 60 cents on the dollar all the time; there are incredible deals happening every day. To top it all off, interest rates are still at incredible historic lows, and if you are buying your first home or even first home in years, Uncle Sam is kicking in thousands to boot! If you are considering buying a home, I have never seen a better time to buy!
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