Time to Buy or Sell

It seems as though now is a good time to buy and/or sell property. With the prices of homes as low as they are it’s a great time to upsize, especially if you couldn’t afford to during the housing bubble. Also it’s a great time for first time home buyers with all of the different loan programs available. The newest incentive being the $8000 tax credit, which does not have to be paid back: it’s truly a credit. So anyone buying a home for the first time or who hasn’t owned a home for at least 3 years, now is your time to get some good deals and good loans.
As far as selling a home, with all of the loan programs available and incentives for first time home owners, now is the time to get your home on the market. It’s kind of like a food chain, in that a first time home owner buys your home allowing you to upsize and, so on and, so on. Also, it seems as though sales are up by some 16% according to Crain’s Detroit Business. So there are buyers out there.
In closing, not everything about our economy is necessarily bad.