There is no doubt the spring real estate market has made an early appearance!! Yea!! Buyers are surfacing again and sellers are coming out in droves to list their houses. With interest rates at near record lows, inventories at record highs, and pent-up demand, there is no better time to buy a house than in 2008! That's right, this is YOUR year if you are looking to buy a home in or around Indy.
Sellers are still giving great deals and if you have a house to sell as well and are looking to buy another house, you will most likely come out okay since you will probably GET a better deal than you will have to GIVE, especially if you are upsizing.
If you have decent credit, banks and investors still want to lend you their money, so that is not an issue. We should have a resolution to the tax situation in Marion County in the next few months and most economists are predicting 2008 to be the bottoming out of this correction. Indy is predicted to come out of this the 2nd fastest in the nation.
So, get out there, buy a house and get a great deal. This is probably your last chance for a while.
