Time to Buy!

You are still hearing that it is a great time to buy and it is. Our prices are lower even in the Dallas area where prices have not fallen as much as other areas, but still, we have great interest rates at 5%.

Who are those buyers? Are you that first time buyer or a repeat buyer? Do you fit the average?

First Time Buyers:
Have an average age of 30 years
Medium income is $60,600
Average purchase price: $165,000
Long term plans: Stay in home for 10 years
Median Down Payment: 4% which is up from 2% in 2007 (of course, 100% financing is gone)

Repeat Buyers:
Average age: 47 years old
Median Income: $88,200
Average Purchase Price: $236,000
Long Term Plans: Stay in home for 10 years
Median Down Payment: 15% (10% paid cash)

We can help either of you, as a First Time Buyer or as a Repeat Buyer. Just give us a call or email us at Betty@HomesByBetty.com and we can give you the choices you have to choose from in buying in this new Marketplace.