Good news on the housing front - after dropping for three years, home prices appear to be stabilizing. 

The median national home price today is about $169,000 which is down almost 14% from a year ago and an estimated 30% from its peak.

The First Time Home Buyer Tax Credit, which Congress recently improved by eliminating the the repayment requirement and increasing the benefit to $8,000 is working.

The credit, coupled with all-time-high housing affordability and continuing low interest rates, is leading to solid inventory improvement in most markets.

I've just posted additional information about the tax credit on my podcast and you can listen by clicking here.

In order to take advantage of the tax credit, you must purchase your home by December 1st - the clock is ticking down!  Please call or email me today if you would like to view homes or need help with getting your financing lined up - I'm happy to help!

OPEN HOUSE - Sunday the 23rd - COME SEE!!

 

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122 13th Nw St, Pulaski, Virginia

Price: $165,000.00

Beds: 3

Baths: 2

Sq Ft: 1710

Description: Dramatic Price Reduction!! Come home to peaceful surroundings. The sweeping lawn with mature trees and landscaping is the prize of the neighborhood! Lovingly maintained and updated home boasts be ....

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