Sacramento Real Estate Views

First Time Home Buyers: The Clock Is Ticking!

Buyers Looking For Homes Increasing!

After running just a couple of ads from this site,  I got 4 serious buyer inquiries from people looking to purchase in the next 90 days.

One was an investor from Sonoma, another was a first time home buyer looking for foreclosure deals in Rocklin.

Still another buyer, not a first timer, is looking in Carmichael and a guy looking in Morgan Creek, Roseville.

All seemed ready, willing and able to purchase.

On my Facebook page, one of my lending resources, Tim Clark, mentioned that he’d been to several open houses on Saturday and there were buyers at every one of them.

You’ve got 95 days from today to be in contract on a home.  Trust me, it could take that long to get it done.

Fewer Homes For Sale

Right now, although I’m hearing the total amount of homes for sale will be increasing, there just aren’t that many homes on the market and it also seems from what I’m hearing that the number of buyers looking for homes is increasing.

My site traffic numbers, the phone calls and emails I’ve been getting over the last weekend and what other local industry professionals are saying all point to buyers coming out of their winter hibernation.

This could mean that 95 days isn’t enough time to get it done!

According to many economists, the market may not be as favorable later in the year as it is now especially in lending.

Although the recent FHA changes won’t take affect until after the first time home buyer tax credit expires, those changes could mean you don’t qualify.

Looking for an agent to help you get it done?  Fill out the form below and I’ll get back to you promptly.

Thanks for visiting!

First Time Home Buyer Info Here!

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This entry was posted on Sunday, January 24th, 2010 at 7:34 am and is filed under First Time Home Buyer Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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