With the deadline for the first-time home-buyer tax credit extended until April 30, 2010 and expanded to include repeat home-buyers, as well, today’s investors stand to make a lot of savings if they make their move now.
Mckinney, TX (PRWEB) February 25, 2010
The historically low levels of mortgage interest rates, the expansion and extension of the home buyer tax credit, and the prediction that home prices will start rising soon all contribute towards making now an ideal time to invest in real estate. This is especially true in fast-growth areas such as McKinney, Texas where the potential for future growth – and thus the demand for housing – is greater.
“This is the best time to invest in McKinney, Texas homes for sale,” said leading McKinney, Texas real estate agent Valarie Kerby. “With the deadline for the first-time home-buyer tax credit extended until April 30, 2010 and expanded to include repeat home-buyers, as well, today’s investors stand to make a lot of savings if they make their move now.”
Kerby cites the rising Texas mortgage rates as another reason why now is the best time to invest in McKinney, Texas homes for sale. “The mortgage rates we have today are still the lowest that we’ve had in decades,” she said, “but these low rates are not going to last forever and there already seems to be the start of a rising trend there. What’s more, home prices in McKinney are already starting to go up as well, which is not surprising since this is a highly desirable place to live.”
McKinney, which was ranked the fifth-fastest growing city in the country by CNN/Money in 2009, has frequently been in the national spotlight in recent years, not just because of its exponential growth, but also due to its successful growth management. It was ranked #9 in Forbes 2009 list of “America’s 25 Best Places to Move” and #14 in CNN/Money’s 2008 “Best Places to Live” list.
For more information on the real estate market in McKinney and its nearby areas in the dynamic Dallas-Fort Worth Metroplex, visit Valarie Kerby’s new site; which is a one-stop resource for buyers and sellers of McKinney, Texas homes for sale and Frisco, TX homes.
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