Welcome to the best resource for real estate information in the Acadiana area including Lafayette, provided by JEANETTE WHITE.  I appreciate the opportunity to earn your business and friendship.

Lafayette Real Estate

Now, with both tax credit deadlines past, real estate can still move forward.  Truth is, the tax credit was one of many incentives to enter the market in the past two years and several of those advantages still exist for qualified buyers.  It is still a good time to buy. 

Although there is widespead agreement in the industry that the housing market has reached the bottom, home prices aren't expected to spike upward.  Instead, they will likely skip along the bottom into 2011. Prices will continue to declline in some markets and creep up in others.  As long as buyers remain deligent in the home search over the coming months, possible pricing fluctuations won't have a dramatic effect on their property options.

Interest rates on 30-year fixed-rate mortgages hit a five-month low of 4.93% in May and as of early June the rates were holding steady below 5.96.  Financial concerns over the growing debt crisis in Europe have stemmed discussions in the US of raising rates.  The historically low rates will save home buyers thousands and thousands of dollars over the life of a loan, which arguably is reason enough to enter the market. 

Other tax benefits that buyers can continue to count on for the foreseeable future include property taxes, mortgage interest payments and mortgage insurance premimums as qualified deductions that can help reduce many homeowners' tax liability.  Purchasing energy-efficient appliances and making other green upgrades can mean a tax credit up to $1,500.  Be sure to consult a tax professional for the benefits to you.

Buyers, focus on today's favorable home buying conditions. Tax credit or no tax credit, homeownership is part of the American dream.  It is alive and well.

Sellers, opportunity does exist. Home sales are steadily increasing. Now is the time to down-size, move up or move to that special area you have always wanted to live.

Lafayette Real Estate Professional

Thank you for visiting my website. Start your real estate search here. The website is full of information for you whether you are looking to buy or sell. 

After you have had the chance to review this information, contact me so I can tell you more about how I can help.