House Prices Will Rise Greatly over the Next Few Years, Buy Now

Now is the time  to buy for first-time homebuyers

Now is the time to buy for first-time homebuyers

In the 80’s when I purchased my first home I was so excited because the interest rates were 13% – I mean they were down from 16%. Today, we have a combined buying opportunity of low interest rates and lower home prices in the Dallas area than we have seen in a few years. The area of town and condition of the house also affects how much the prices have come down. The bottom line is that it is a buying opportunity right now. First time buyers are really in a great place to make their first purchase with the tax incentive of $8000 if they make $75k or less. I think it is $150k for couples…call me for details 214-536-4727. And, CHECK OUT THIS ARTICLE about this topic on one of my favorite real estate news websites: “So, tell your clients the truth: Interest rates will never be this low again in their lifetimes. Home prices won’t be this low again in their lifetimes. This is the perfect storm economically, but it also the perfect time to buy a home; provided that you buy it as a home and not a piggy bank.”

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Filed under About my business, Bluffview / Devonshire, Downtown / Uptown, Greenway Parks / West Highland Park, Highland Park / University Park, Lakewood / Forest Hills, Oak Cliff, Press & News, Preston Hollow area

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