Home Values in the Real Estate market
Just like anything in the Govt. Statistics are usually behin a little on the reporting.. Govt. Posted home values rose 0.7 percent in November.
The same report says Home prices are at an all time high since Feb.2009.
According to the National Association of Realtors, 80% of purchases close within 60 days. This is an interesting statistic since most buyers and real estate agents put settlement deadlines of 30 – 45 days. Where in all reality people should start plannin on 60 days.
The question I keep getting from prospective buyer’s is, Should I Buy a Home now? Consider the following, Tax credits, low home prices, and the expiration of all incentives soon. Tax credit is no more come May…
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