Tag Archives: first-time home buyer

Housing Prices WILL Go Up

Despite the endless doom and gloom about housing on television business news programs, we have been contending that the economic fundamentals soon will reassert themselves, that the cost of homes will rise to meet the cost to produce them, that supply and demand will be equalized.  And, when that happens, the price of housing will rise rapidly [...]

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Uncle Sam Can Help You Buy Your Waterfront Home

The clock is ticking down on the federal government’s home buyer tax credit: $8,000 for first-time buyers and $6,500 for eligible existing home owners. To take advantage of this “gift” from Uncle Sam, you must sign your sales contract by April 30 and close on your home by June 30. Newport Cove, the award-winning waterfront [...]

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Great Time To Buy??

Now is an excellent time to buy a new home – perhaps the best in  years. Why? Three reasons: 1) Because of the economic downturn, homes are competitively priced. 2) Interest rates are at 40-year lows and NOT expected to remain at these levels. 3) Uncle Sam is offering excellent tax credits (until the end of April). First-time [...]

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