An Opportunistic Market
Right now we are in a very opportunistic market. Prices are low and the expanded home buyer tax credit offers incentives for both first-time and move-up buyers. There's no better time to get re-energized about your real estate goals. Top 5 Members are uniquely qualified to not only help you reach those goals, but make it as effortless as possible for you. Only Top 5 Members can provide you with the kind of exclusive information found here in Real Estate Matters - a monthly look at what's really happening in the housing market. Whether it's understanding the ins and outs of buying a foreclosed property; the Home Buyer Tax Credit Expansion; or just keeping on top of important "real estate matters," it's a privilege to provide you with this important information. Enjoy this monthly e-newsletter, and as always, your feedback is welcomed - call or email any time!

This Month's Top Story

Are You Ready to Own or Move Up? What to Know Before You Go 'Home' Shopping

RISMEDIA, February 1, 2010—With the expanded Home Buyer Tax Credit still in place, and home prices and mortgage rates still at attractive lows, more renters are grappling with the question, “Do I buy now, or should I keep on renting?” and more homeowners are wondering, “Is now a good time to move up?” The answer, say money experts, depends on the overall health of your finances, because you need to not only amass a pile of cash for the deposit and closing costs, but convince a lender to lend you 80% or more of the purchase price in the form of a long-term mortgage. Here are four elements to consider:

 

Single Family Sales Jan - Dec 2008-2009