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Comparing Home Buying Power: 2007 vs 2009

Cal2009 Would you like to see what you can buy today for the same amount of money that you would have spent in 2007? The Florida Association of REALTORS (FAR) was kind enough to create the Adobe PDF document that you can download from this message. It is surprising how much more home you can buy now versus then. Or how much less you will pay for the same house now versus then. For buyers who are credit-worthy, this can be a bonanza. Of course, you do not have to buy a $350,000 home, but the example is indicative of the greater buying power you have at your disposal now.

You have heard me say it many, many times. Prices are down and interest rates are low. It does not normally work that way. Also keep in mind that many home buyers will qualify for the $8,000 tax credit that I have discussed in previous posts. At some point things will start to return to normal. If you wait too long, you could miss out.

To download the PDF file and see the comparison, click on the following link: Download MarketingFlyerTF

If you would like to discuss this topic with me or if I can assist you in anyway, you can call me at: 813-783-4444 or e-mail me at: jelwell1@tampabay.rr.com

John Elwell - REALTOR

CENTURY 21

Bill Nye Realty, Inc.

813-783-4444

Licensed in Florida

 

Comment balloon 0 commentsJohn Elwell • June 03 2009 02:45PM
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