With home-buying tax credit extended, it’s a good time to move up
George and Florence Sutton bought what they thought would be their starter home in 1990.
Nearly 20 years later, they’re finally moving up.
Turns out it’s a good time to do so, with an $8,000 home buyer tax credit, low interest rates and a slew of inventory to pick from.
“Now is an excellent time to be looking for that move-up home because the bargains available on the more expensive properties are just unbelievable,” said Keith Canty, a real estate agent with Greg Garrett Realty. “They lose some when they sell, but they gain much, much more when they buy. Anybody that can, this is an excellent time to do that.”
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