Unless you are in contract by the end of next week, say so long to the Federal first time buyers’ tax credit, but fret not, because California just got it’s game on and first time home buyers get the rest of the new to enjoy the state tax credit…it’s a bit different, but still a mighty nice treat!
Remember, money is still cheap (interest rates are low), home prices are as low as they are likely to get and now you can enjoy a tax credit….life is good!
If you want to hear more about what’s going on in the Sacramento housing market, please listen to today’s radio show where my featured guest was Howard Blum. Howard is a WORLD renowned economist who said, NOW is the time to buy, Prices will not be this low for YEARS to come. He also said that hang on to your house if you’re a seller, BUT, if you are in a distressed situation, the WORST thing you can do is ignore it. Try for a loan mod or go for a short sale, but don’t go into foreclosure…there’s just no need for it. Catch the podcast: www.InLoveWithSacto.com
Call me, I can help!
Tamara
