2008 is finally over and out with it goes the year of the Foreclosure. 2008 was marked with falling home prices, rising foreclosures and tons of buyer trepidation. Well that is going to change in 2009. I am officially dubbing 2009 "The year of the buyer".
This will the year where buyers take advantage of all of the opprtunities that will truly make this the greatest buyers market of all time. The savvy home buyer will take advantage of many things this year including:
- Lowest interest rates in 40 years
- $7500 Tax credit for First time buyer
- Largest inventory of homes in years
- Lowest prices for homes in years
To ring in the year of the Buyer I am indexing some of my previous buyer posts. Buyers it is your year, now is the time to get started.
Down Payment assistance programs for Johnson County & Kansas City
The top $7500 Reasons to buy a home in 2009
It all adds up to a buyers market
Do you need 20% down to buy a house
Would 4.5% interest rate change your mind about buuying a home
To search for homes in the KC metro area Click Here now
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I hope your right. Either way I'm ready.
I hope your prediction comes true. I see a lot of reasons why it would. There is so much pent up buyer demand, and as prices and interest rates fall, so does the level of nervousness.