Many wanabee first time home buyers might be waiting until the end of the year to purchase a home because they think they will take advantage of the first time home buyers tax credit. Think again! A buyer has to close on a house BEFORE November 30th, 2009 to be eligible for the $8000 credit.
Take into consideration that once a property has been identified, it takes an average of 60 days to close on a house. So, now you think you have until the end of September to find a house? Right? Think again.
Many of the houses that are for sale NOW in my local market are actually in pre-foreclosure status, which means the final decision is up to the bank, long after the current home owner agrees to a price (and long after contracts have been signed). These purchases can take twice or three times as long.
So, now you think you have until the end of May to find a house? Right? Think again. Don't you want time to look at properties first and feel educated about the local market before you just rush into making offers? Personally, I don't like to see people rush into making decisions they could regret.
The time is now. Those who wait will be competing with all the other buyers who procrastinated, and with everybody competing against one another, there will probably be bidding wars. A bidding war leads to a price INCREASE. So, if your plan is to wait. DON'T. The time to act is now!
Just last week, a buyer I have been working with lost his opportunity on a great property at a great price - to another buyer. The market is heating up. Some buyers don't belive it.
There may not be a better time to buy a house than NOW!
Buyers....come out, come out - wherever you are!

Please remove shoes? ...Gee, I hope I have my good socks on today (the ones without holes in them). Do not let the cat out? ...Cat? Okay, I'll alert the allergy sensitive buyer, so she can start out on a NEGATIVE note. These are just a couple of the common requests which are made as I try to schedule an appointment to show a house. And, I can actually live by these rules. 

Will The Real Carol Culkin Please Stand Up! Anybody my age or older, might remember that this was a line from an old TV game show - 




What I've been hearing lately from the real estate consumer is that agents are not following up with their clients or potential clients. I'm hearing it more and more. And, I don't think it's all that coincidental that I am hearing more and more of agents who have found second jobs. In this market, there is no excuse for not following up. And, it's unacceptable for an agent to try to hide the truth from their clients.

The Poughkeepsie Journal reported this week that the real estate market in the Mid-Hudson Valley is beginning to pick up pace. In March, accepted purchase offers rose 27.2%. Homes sold faster in March 2009 compared to a year ago with the average days on the market decreasing by 7.7 percent to 120 days.
The Hudson Valley Renegades 2009 season game tickets will go on sale April 18 at Dutchess Stadium and via the club's Web site at hvrenegades.com. Tickets go on sale at the Renegades box office at 9 a.m. and 10 a.m. at hvrenegades.com. 

Everybody is talking. Did Michelle Obama break royal protocol during last week's visit with Queen Elizabeth II? The meeting began with a handshake that ended up in a hug initiated by the first lady, and it even caused the Queen to give a hug back - a hug that nobody expected. And, London was a little taken back. See, they say it was a breach of protocol. The Queen is not to be touched beyond a political handshake. 