Hula and The Real Estate Market Today

Everyone knows about the great tax incentive to purchase in 2009...but our time is running out so what will be the incentive for 2010??? Well there working on it, some want to add more $ which I think would be even better but....does this take the incentive off buyers to still purchase this year?

I hope not, there is no guarantee for next year only the rumors of a continuance. How about those FHA loans where you can use the tax credit now instead of waiting to file taxes? Well another unsure....it seems like we are in one of those gray areas but we can go for what we know is a guarantee right now.

Home prices are still low, interest is still low all we are missing is inventory. We know that there are properties, banks just need to work with Realtors to get them off the Short Sale wheel quicker and moved from the Loss Mitigators desks to become REO's. Seems so easy to say.....so hard to get done.

My best suggestion is the same one I've had all year, don't give up and don't give in, anything worth having is worth working hard to get even when it seems like you have expanded your willingness to move forward....DON'T

That home you've been hoping for can be the next offer you make. 1st Time Homebuyers go for it.

Dee