If you have been thinking about buying your first home, thought I would share three reasons with you that this is a good time to venture out and make that move. 

1. First-time homebuyer tax credit - In recently passed legislation the Federal Government instituted a Tax Credit of up to $7500 to first-time homebuyers.  (First-time buyers are defined as anyone who has not owned a home in the last 3 years.)  Read more about the Tax Credit

2. Interest rates are extremely low right now.  Since the recent Government takeover of Fannie Mae & Freddie Mac, Mortgage Interest Rates on 30 Year Fixed Rate Loans have been at less than 6%.

3. Home prices are the lowest they have been in years.  That is especially true with Lender owned homes. 

To discuss your situation and explore current purchase opportunities, contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com