Timing is everything

From collection New Albany Public Library News Collection

Timing is everything

"Interest rates are historically low, prices have been adjusted down to account for foreclosures, there's a good amount of inventory and on top of all that you've got both the $8,000 first-time homebuyers credit that's been extended and the $6,500 move-up tax credit for current homeowners" -- "If there was ever a time to buy, it really is now". The move-up tax credit offers $6,500 for existing homeowners looking to upgrade; it's also a good opportunity for homeowners looking for a second house. That new credit and the extension of the first time home-buyer credit are expected to create a busy spring for local realtors. Photograph accompanies the article

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02/21/2010
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