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The inventory around the $100,000 range is slimmer here around the Lake and with multiple offers on the table for them from many buyers it makes it difficult to obtain a house in that price range as of late especially if it needs repairs and your buyers loan requires them to be done or guess what—no loan.
I am no expert by any means and that’s ok. We all know what an ex is whether we have one or not. And a spurt—well— I’ll just say I am glad no one calls me an expert. Ha.
I believe that interest rates will climb probably 1/2% when the make the move and without my crystal ball handy (it’s in the shop) I don’t know when that’ll happen. But I will say this—with the 1st time buyers tax credit coming to a close and with interest rates down right now, if you are thinking about purchasing a home now’s the time. Cause if you don’t if you wanna roll the dice ( It Sup To You) (as my gram used to say to me) Sup to You—Buy Buy Now.

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