According to many sources, first time buyers are in full swing to accomplish the American
dream of buying their first home.
The NAR reported that February homes sales were up and that first time buyers were
really taking advantage of bank foreclosures and other great priced inventory. Many of
the buyers surveyed said that they simply can not wait on the sidelines any longer
waiting for word that the market has reached the bottom.
And, many buyers who have earned the right to buy in this market are saying to
themselves that they are not in a personal recession and are taking the advice
of consumer advocates like Dave Ramsey and Clark Howard who are touting that
it is the best time to buy a home because if you wait and even if the home
prices did drop another 5%, which I believe is unlikely in Atlanta, you could possibly
pay a higher interest rate and then, actually pay more for the house over time.
So, if you or someone you know is a first time buyer who is excited about buying a home
you need to hear that you are not alone and it is okay, as evidenced by the many other
smart buyers taking action in this market!
Metro Atlanta Home Buyers visit Duffy Realty to find out How to Get Paid Buying a Home!