- Prices have declined to 2001 levels and are bottoming out. You don’t have to pay an over-inflated price.
- There is still a little room to negotiate with the sellers.
- Interest rates are a historic lows, but Treasury has already removed subsidies.
- Tax credits are no longer available, but prices are still quite low, and a bargain.
- There can be substantial tax benefits if you finance your purchase.
- I anticipate interest rates will rise to 6% in the spring. Higher interest rates will lower buying power.
- Home prices in the Sun Cities/Phoenix area are now creeping up.
- You can now own a winter home as cheap or cheaper than you can rent.
- Inventory of homes for sale in the Sun City and Sun City West is still plentiful.
- Enjoy the recreational activities available in the Sun Cities now.
Jim Little, Your Sun City Neighborhood REALTOR® Search the MLS like an agent at my ListingBook service. For your free ListingBook subscription, Click Here.