Re. First time home buyers need to act now.

As you probably hear on the news that the recession is finished or on it way out.  Therefore, the price of house are most likely not going to decrease but increase.  Actually, it's already happened.  Some area are more then other.  Take Oakville for example,  the number of home sold for Spring and Summer 2009 is greater then the same peroid in 2008.  The Sale price also increase 2009 compared with the same period of 2008.  The number of million dollars plus home sold in Oakville this year is greater then last year.  However, the listing inventory for 2009 is lower then 2008.  The good new is the mortgage remain relatively low and that help Buyers greatly.  As the economic outlook, homes prices will not likely to decrease.  Therefore you need to know when to make your move.  If you need any information on a specific market area, contact me and I will provide you with all the up to date market information so you can decide if it a right time to entering into the real estate market.

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Tito Huynh

Tito Huynh

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
Contact Me