Home After Home: The School Year Slow Down

Blog posts by Bridget Fredericks and Linda Fredericks about the Baton Rouge real estate market.

The School Year Slow Down

Here we are in September and the school year has caused a little slow down in the real estate market.  The thing this year is that there are still first time home buyer's out there in the market place looking for homes they may purchase by November 30.  The problem that I'm running into is that there aren't as many homes coming on the market right now.

So what's the solution? Well, if you have a home you want to sell, don't wait. Now is as good of a time as any to sell.  There are buyers looking for homes, why not yours?  Many of the serious buyers in the real estate market today have a limited time left to take advantage of the first time home buyer's tax credit.

Additional help has been provided to these buyers.  The Louisiana bond authority has issued a part of the bond program that let's buyer's use a portion of the tax credit as a downpayment today.  Wow! I sure wish they had done this 3 months ago!  Well, they've done it now, and it is more reason why sellers don't need to "wait" for a better time to sell.  Now is a great time to move.

Interest rates remain low.  Buyers are looking for homes to buy. And inventory seems to have slowed down with the commencement of the school year.  So, if you were considering the possibility of selling your home, give us a call and we'll help you plan for today's real estate market! 225-341-BRLA (225-341-2752)

0 commentsBridget Fredericks • September 05 2009 10:07AM

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