Archive for January 5th, 2010
Miami Homebuyers – the Timing is Still Right
January 5th, 2010 Categories: For Buyers
- There’s Still Time
Still wondering whether you should be buying that Miami home? First-time homebuyers dominated the U.S. real estate market in 2009, accounting for roughly half of all residential transaction, according to the National Association of REALTORS®.
That trend is likely to continue well into the new year. That’s because interest rates are hovering near all-time lows, home-price affordability is near all-time highs and a third factor – Congress’ extension of the first-time homebuyer tax credit until April 30, 2010 – make conditions quite favorable for those considering homeownership for the first time. Homes in Miami are once again affordable!
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