According to the National Association of Realtors pending homes sales continue to rise as buyers take advantage of affordable interest rates and low home prices.
Lawrence Yun, NAR chief economist said, “what we’re seeing is the momentum of people taking advantage of low home prices, with pending home sales up in California, Nevada, Arizona, Florida, Rhode Island and the Washington D.C. region.”
The economic situation currently puts many buyers in a great advantage, said NAR President Charles McMillan also a Dallas-Ft. Worth Broker. “The drop in mortgage rates and home prices mean the buying power of a typical family has never been better” he said.
“If you have a good job and long term plans, it’s unlikely that you’ll find a much better time to buy a home. This is especially true for first-time buyers who can qualify for an $8,000 tax credit this year, have a great selection of homes to choose from and are in favorable negotiating position.”
To learn more about how you can take advantage of the current low interest rates and the high volume of quality homes available in our inventory call us today!
Scott Gordon Realty 561-533-5888
www.scottgordonrealty.com