Things are picking up…..
The good news is that things are picking up in the Memphis area real estate market Buyers are making the decision to move and Sellers are more reasonable in their expectations when pricing their homes and accepting offers. All of this is good. You are able to buy at a time when the interest rates are some of the lowest in history and in most cases, there is a home buyer tax credit of up to $8000 for first time buyers and $6500 for other select buyers to help with your purchase. There are some restrictions on these credits but that is something your Realtor can explain to you. So why wait? This won’t last long. It is rumored that the interest rates will start rising before long and the tax credits are scheduled to go away with homes not under contract by April 30 2010. This truly is the time to buy and a great time to sell.
