Is tomorrow really December 1.....already. Is it just me or is time flying so fast that I really can't keep up? The year started off with a homebuyers tax credit that really helped my market. Great incentive to finally, yes finally get buyers off the fence. They weren't even kicking and screaming, but beating down my door! Wow, that was nice!
Then......yay.....tax credit extended. Buyers once again calling and writing. Can I still get the $??? Many did, some didn't but almost all have finally closed on their short sales and last minute low interest low price specials that they are so happy to be in.
Buying vs. Renting these days???? No contest. Although rental rates are also at a very low price point, 3 bedroom livable homes selling for $75000 - $100000. That's a mortgage P & I payment of $281 - $475 per month. Where do you find rents like that? Interest and property taxes remain deductible expenses too! Need I say more.
Tax credit over......Investors abound. Cash buyers......yes they can see the value in these prices too and many have moved from their formerly upside down homes into their new fixer uppers, same size, a little work and 1/2 the price and no mortgage. They were good savers.
December is upon us. Midterm elections over. Holiday season is buzzing. Wait, yes that's my phone. Do we have any inventory left in Orlando less than $100,000.00.
OK, gotta scoot. There is 1 more buyer left and it sounds like they need my help.
I can help with your real estate needs. Call me and be in your home in time for the New Year!
Let's Get Moving!
Lynn Ganster
REALTOR, ACRE
Morris Williams Realty
321-438-9598
