If you’ve been watching the news there has been a lot about the economy and especially the real estate market in the last year but what’s in store for 2010. The last half of 2009 we saw home values nationwide level out in most markets. The First Time Home Buyers tax credit and low interest rates helped that. However, in Phoenix we got a helping hand when Investors starting coming back into the Metro Phoenix market and started buying up foreclosed homes.
Home Values in 2010 could see continued leveling out or they could even drop a bit more, even in Phoenix. If interest rates start to go up and foreclosures continue to dominate the market we could see values go down a bit. So the question “is now a good time for me to buy?”
That all depends on many things and that’s why now is the right time to not only get a Licensed Realtor but an experienced on that can help you determine if this is the right time for you as well as what is the right property for you. RooPho Realty has the experience and the knowledge to help you on both counts. We sold over 40 homes in 2009 and have hit the ground running in 2010.
There are many great areas and properties out there, you just need the right Realtor to assist you and RooPho Realty has what you need.