The Spring buying season typically takes off in March and runs through May. But buyers who want to claim this year's tax credit, up to $8,000 for first-time buyers and up to $6,500 for repeat buyers, must have signed purchase contracts by April 30th and complete the deal by June 30th.
Jim Gillespie, President and CEO of Coldwell Banker said it all with this statement. "Sales are going to take off in February and March and really take off in April. My concern is that the move-up buyer hasn't thought what they need to do. Their window is really short. They have to coordinate closing dates."
—Jim Gillespie, President & CEO of Coldwell Banker, "Springtime House Hunters out Early Thanks to Tax Credit", by Stephanie Armour, USA Today
If you need some help this spring getting your home ready for the market - give me a call! I'm happy to help.