With real estate prices hitting an all time low all over the country, what better time to buy a home but now! Its time to re-think your objectives. According to Housing Predictor, Albuquerque is among the top 10 markets forcasted to have a steady, dependable growth and with a strong potential for its outlook to rise. If you're looking to purchase or upgrade to a home in Albequerque, certain areas show an upturn in the housing market, which you might want to consider. Apart from the considerable market potential of the homes in Albuquerque, there are more reasons why now is the high time to buy a home. The $8000 Tax Credit.* This is what the buzz is all about. Nearing its expiration by the end of April, more and more opt to find a new home now. First time home buyers (FTHB) or those who havent owned a home in the last 3 years are eligible. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000.
The $6500 Tax Credit.* If you're an existing home owner or own a residence having some additional reasons to move to a new home, you are qualified.This incentive comes in the form of a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years.
Large inventory to choose from. Great deals are available in every area of Albuquerque with lots of homes to choose from. Home prices fell in 2008 locally--deals on foreclosures, short sales, distressed homes, as well as regular sellers, providing the buyer more value for their money. Keep in mind that having the best team to negotiate for you could help you save a lot.
Learn more and visit our site at www.radiancehomes.com