New Construction Grant in UTAH
The $4000 Utah Home Run Grant for new Construction is officially used up and gone. Jake Breen is currently at the Ivory Homes Economic Summit, Ivory homes is having a 30% increase from last year in new Home Construction. Time to buy is right now while rates are still low. Prices will remain stagnant for years to come, BUT we have seen the bottom on new Construction. Interest Rates are not going to go through the roof, however they will increase. And This is just my humble opinion, but you will be looking at a full point increase by summer..
Ivory Homes biggest selling months are Feb., March, and April. They expect these months to be an increase of 10-15% over this last year. Top Utah economists are predicting interest rates to stay low for another 6 months and then to start ticking up a half point every 6 months after that. Most are anticipating 6.75% by 2013…
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