New Year’s is Here! Everyone wants to know what the real estate market will be like in 2010. Sun-Sentinel real estate writer, Paul Owers interviewed the Parkland Squawk along with one of our sellers to get our perspectives on the 2010 South Florida real estate market. The article can be read in its entirety by clicking: Selling a home in the new year? Don’t delay.
Our expert advice is if you have equity in your home, it may be the best time to sell! Parkland home inventory is at a record low, and buyers are still looking to take advantage of low interest rates, the first-time-home-buyer tax credit, and lower home prices.
Please also be aware that there is also a new $6,500 government tax credit for potential homeowners that have owned a homesteaded property for at least 5 years. These owners that sell and then buy a home this year can receive a $6,500 tax credit, which could significantly help with closing fees or repairs on a new property.
The Parkland Parrot Team wants to personally thank Paul Owers of the Sun-Sentinel. If you do not already read the Sentinel’s House Keys real estate blog, we strongly recommend it.
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