The Secret Formula to steal a house in Longwood/ Lake Mary
Posted by Chris Brown on January 8, 2009
FHA Loans + $7500 Tax Credit + High Inventory = Orlando Real Estate Deals
Phew – Made it through the holidays, and day-to-day life is setting back in. I love Christmas, for me it helps pull everything back into perspective for an approaching New Year. So now that the lights are back in the boxes and the tree is down, Lake Mary real estate and Longwood real estate buyers are wondering… “is the timing right for me to do something?”.
Well, if economic data enters into that thought process, now may be the ideal time. [Though most home buyers will miss it because they listen more to the mass media than a trusted industry professional.] For the 1st time in over 12-months, the sales of “gently loved homes” fell below the 5,000,000 unit trend line, which helps push the total home inventory higher by 0.1% – a national number, not local.
Based on the rate at which homes are selling nationwide, it would take 11.2 months for the existing housing supply to be exhausted. Here in Longwood / Lake Mary – the existing inventory would last quite a bit longer. This is even better news for the Longwood home shopper… especially the first time home buyer. [Click here for access to the 21 Most FAQ about the $7500 First Time Home Buyer Tax Credit.] When you couple the Tax Credit with the availability of Orlando FHA home loan financing, whoa – you got one powerful combo!
For Lake Mary home buyers, this is an opportune time to act [not wait] due to the negative news on housing. Here are the 3 main reasons:
- First, sellers know…
Read the complete list and post here: The Secret Formula to steal a house in Longwood/ Lake Mary
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