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It is a good time to purchase Baton Rouge real estate, regardless of the home buyer tax credit expiring. There is no doubt that the home buyer tax credit helped to spur real estate sales through the end of April, but its expiration does not mean that it still isn’t a great time to buy a home in Baton Rouge. A couple of criteria add up to making it a great time to buy, if you have income and can qualify for a loan that is. The historically low mortgage rates and the lowering home values add up to the same savings, if not more, than the tax credit was offering home buyers before its expiration.
The main things that are affecting Baton Rouge real estate are the unemployment figures and the recession. The general mood is cautious, as well it should be. These factors are creating a buyer’s market, with many sellers having to reduce their home prices in order to sell. In other words, there couldn’t be a better time to be a home buyer in Baton Rouge.
For a complimentary search of all available real estate in Baton Rouge go to www.glendadaughety.com for access to the Baton Rouge MLS.
Call Glenda Daughety and her Team today, (225)-205-2672, for the best in Baton Rouge Real Estate knowledge and service!
