Buying Your First Home is No Longer Just a Rite of Passage
If you are sitting on the fence, trying to decide if this is the right time to buy a home, you’ve probably heard this before.
A first-time buyer, or someone who has not owned a home during the past three years, has the opportunity to take advantage of an $8000 tax credit that is due to expire on November 30, 2009. The Denver housing market still has a good inventory (that is shrinking), low housing prices that are beginning inch up, and low interest rates that are almost assuredly going to increase.
While all of this fundamentally makes sense for a home purchase, we believe that the key reason that people purchase a home is to enhance their lifestyles. It is still about having a place to call home – a place where you do not have to ask the landlord for permission to paint the walls or to dig in the garden. A place where you can put down roots, throw a ball for the dog and dig in a garden-or not! There has always been a bit of status that comes with homeownership. It’s cool to be able to discuss the neighborhood schools, the dog park, or the close proximity to shopping or your favorite restaurants.
There is not a time that I can remember homeownership coming with a greater respect. Owning a home is no longer a “rite of passage,” but a proof of creditworthiness and responsibility. It is a signal to relatives, friends, and employers that you are reliable and truly a member of the big league.
If you feel that owning a home is now right for you, please contact TeamCox Realtors – your Denver real estate specialists – at 303-400-6060. We will make your dream of home ownership come true.
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
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