Mortgage rates are to remain low throughout this year (at least until the election) and prices may be as low as they will go, considering the number of properties available are diminishing, so if your goal is to own a new home this year, now is the time.
Short sales are still predominate the lower spectrum of available homes under $150,000 in Leon County with 45% of these homes being short sales or foreclosures. One must have patience to purchase a short sale. The only thing short about them is that the seller is short on cash to sell.
Folks hear a great deal about short sales, and partly that's because of the number out there and partly because they have been around for a number of years and they will continue to be for years to come.
If you need assistance in finding that new home, finding a lender, or understanding the home buying process in general, then call me, Angie Goodman, Broker Associate with The Goodman Group @ Keller Williams Realty at 850-321-4666.