No Better Time Than Now

For a first time home buyer in Florida I beleive the market could not be better. First there is plenty of inventory for a buyer to choose from in any area they are interested. This means they will not be rushed into buying a home that does not meet their needs only because a realtor is pushing them saying "if you don't put in an offer the house may be taken off the market." Secondly, the value of homes have dropped in some areas by as much as 10% or more making real estate more affordable. Now we all can agree that this will not continue given real estate has been the most proven consistent investment througout time. (Although wouldn't we all want a couple shares of Berkshire Hathaway when it first came out). Thirdly with stable income and reasonable credit mortgage rates are still considered to be very low. Right now it is the norm to be in the low to mid 6's for a 30yr fixed mortgage. Compare this to the late seventies and into the eighties when rates reached into the teens. The market is only bad for those investors that bought everything in site, or for a seller needing to sell quickly. So for you first time home buyers, get patnered up with a Cascade Financial mortgage planner to go through your options and take advantage of the professionals they have in place to help you such as realtors,CPAs, and financial advisors.