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April 2009
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CBS Early Show
money maven
Ray Martin
weighed in on the Saturday Edition about whether buying is indeed the way go to now.
Answer:
Yes, it is, and for a number of reasons. For one thing, housing prices are declining just about nationwide. Plus, mortgage rates are at aserious low. Rates on a 30-year, fixed-rate mortgage are at a level we won't see again in our lifetime. Finally, if you buy before December 1, you'll get an$8,000 tax credit if you're a first-time buyer. For all those reasons, there'sreally never been a better time to go shopping for real estate.
CBS Early Show
Source: CBS.com 3/14/09
Question:
IS THIS A GOOD TIME TO INVEST IN REAL ESTATE?
“For the first time in a long time,you can actually get both ashort- and long-term gain on areal estate investment. Withprices down, interest rates atrecord lows, and so manywould-be buyers deciding to rent instead, it’s agreat time to buy a real estate investment.”
- Barbara Corcoran
Source: NBC TODAYShow.com
3/12/09
NBC Today Show
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Keeping You Current April 2009
Madeleine Romanello runs the numbers for the real estate market in Miami and the Miami Beaches for April 2009
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