Spring Market Fever

Here is Grand Rapids, Michigan our marketplace is kicking into high gear with major Spring Fever.  Our snow piles have melted away, our dafodils are peaking their heads out of the ground, and buyers are perking up.

What is causing our Spring Fever is more that the weather warming up – it is built around a new $8,000 tax credit for anyone who has not owned a home in the past 3 years (stop in at my website at http://www.patsplace.com for all the particulars on this tax credit).

In addition to this credit – interest rates are at a historic low – new mortgage products are available for these first time homebuyers – and the selection is fantastic.  Wow – if you are in this position – don’t wait – talk to your Realtor and get going.  If you know someone who could take advantage of this perfect storm for buyers – pass this information on!

This Spring Fever could have a really positive affect on the rest of the market, too.  As the entry level homes are purchased – it frees those folks up to buy their next home, which will have a trickle-up affect in home sales.  The Spring signs are there – green grass, tulips and SOLD signs on homes – YIPPEE!

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