Atlanta Home Buyers’ New Stimulus Package
It’s getting better!!!
This past week, HUD improved the first-time home buyers’ $8,000 tax credit by allowing the credit to be used towards the down payment of home purchases for first time buyers. This will surely provide an uncontestable motivation for wannabe homeowners. This is an unprecedented stimulus package and everyone ”sitting on the fence”, waiting and wanting to buy a home, should be motivated to move now.
Based on the amount of activity that is occurring in the market right now, the buyers who have been dragging their feet, hoping that economic conditions might worsen (to improve their ability to strike a Guinness Book of Records’ deal on a home) should be very concerned that they may have, indeed, missed the proverbial boat and their best opportunity to buy at the bottom. As we closed in on the end of May, I am extremely encouraged by the level of activity and closings posted this month, and even more encouraged by the closings that are already scheduled for June!
It‘s not too late to purchase a home while prices and rates are still low. If you are waiting to find the bottom, you may have missed it. However, the deals are sweet and are still there! If you are thinking of buying in Atlanta’s hot homes market, call or email me now and allow me to help you. Experience True Experience!