First-time home buyers are having a tough time - why? The tax credit has expired which encouraged all first-time home buyers to think about getting into their first home. Now prices are flattening out and first-time home buyers are thinking they are going to fall again.
When you hear talk of the median price of a home in the U.S. it is understandable, but that is like saying the median temperature in the U.S. is 60 degrees, when it could be 110 degrees in the deserts and 45 degrees in the Northern states. Prices are regional.
In San Diego, first-time home buyers have a great opportunity to get out and begin thinking again, we have a lot of homes for sale, our prices are stable, we aren't seeing any decreases in most areas, and the interest rate is at it's all time historic low, just over 4% for a 30 year fixed, and just over 3% for a 15 year fixed mortgage.
If you are thinking of buying, search the internet, search here for ALL the up-to-date property listings http://www.janeloveday.com or visit my First-Time Home Buyers page on Facebook at http://www.facebook.com/realestatesandiegoonline
I am here, I can help!
Jane Loveday
Windermere Real Estate Agent
619-519-1615 Cell
http://janeloveday.com
http://www.facebook.com/realestatesandiego
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