In case you were wondering if you can still find a home to take advantage of the FIRST TIME HOMEBUYER TAX CREDIT of $8000 or the MOVE-UP BUYER TAX CREDIT of $6500, there are plenty of opportunities out there for you.
Although the holidays are in full swing, the real estate market has not taken a vacation. In my market area, here are the numbers of homes that are currently for sale in two categories: $250,000 and under and over $250,000.
|
|
$250,000 & Under |
Over $250,000 |
Total |
|
|
|
|
|
|
Manchester |
101 |
59 |
160 |
|
East Hartford |
135 |
21 |
156 |
|
South Windsor |
32 |
44 |
76 |
|
Vernon |
67 |
31 |
98 |
|
Ellington |
12 |
70 |
82 |
|
Tolland |
17 |
52 |
69 |
|
Coventry |
52 |
22 |
74 |
|
Glastonbury |
10 |
105 |
115 |
|
|
|
|
|
|
Total |
426 |
404 |
830 |
|
|
|
|
|
In addition to ample inventory, there are several other advantages for starting your real estate search now:
* During the holiday season, fewer buyers means less competition.
* Interest rates are very low right now.
* Many homes are attractively priced.
* You will have plenty of time to take advantage of the first-time homebuyer credit or the move-up buyer credit (the contract must be signed by 4/30/2010 and closed by 6/30/2010).
These are just a few of the towns I serve; if you are interested in seeing the numbers for other towns, please let me know.
If you are eager to start your home search now, give me a call and we'll get started today!
Did you enjoy this post? Click here to subscribe to my blog by email.
Peggy Chirico, REALTOR®
Serving the Greater Hartford Area
Prudential CT Realty
peggychirico@gmail.com
860-748-8900
If you are buying or selling a home in Hartford County or Tolland County, please call me, email me, or visit my website. I would be happy to help you with your home search or provide a market analysis for your home.
Find your dream home now!
