Richmond Home Sales Up From 2010!!!

The number of people who purchased resales Nationwide in September dropped about 3%, according to an article in the Richmond Times Dispatch this morning.

"The Richmond area has been hurt as well but is on track to do better this year than a year ago. Thus far, home sales in the Richmond region continue to outpace 2010 sales, which is remarkable considering last years production was stimulated by a tax credit that spured a great deal of buying."

This is due in large part by historically low interest rates, which the Fed has assured will remain low through December of 2012. Two weeks ago, a 30 year fixed rate mortgage fell below 4% to 3.94% which was the lowest ever recorded, according to the National Bureau of Economic Research...today, rates on a 30 year fixed mortgage are still hovering around 4% and even better on a 15 year mortgage.

If you have good credit, can afford a down payment, and have job security there has surely never been a better time to buy. Money can't stay this cheap forever and housing market trends indicate that conditions are beginning to improve, so don't miss this opportunity and CALL ME TODAY!