Late last week we saw the last of the ice on even the most stubborn lakes in the area. This is the one sure sign that spring is finally here. For the waterfront buyer this means it is finally possible to see what is under all that frozen stuff. Is it a sand bottom great for swimming or is the bottom more appropriate for fishing? Lake maps and local expertise usually tell the story but seeing it with your own eyes is still comforting.
Spring historically brings new properties to the market and this year is no exception. Buyers will find a selection of excellent homes and a marketplace in their favor. Interest rates remain low and price reductions are common. The $8,000 homebuyer tax credit has had a positive effect for first time homebuyers and remains available but only until December 1, 2009.
My phone has been ringing more frequently and I hear the same from my colleagues. It appears the buyers may be awakening from their winter slumber.
Thursday, April 23, 2009
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