Potential First-Time Home Buyers Say Now Is The Time To Buy

Posted by TheHomeCart.com on Monday, March 30th, 2009 at 11:14am.

In a survey of 1,000 prospective first-time home buyers, 78 percent of the respondents said now is a good time to buy a home despite widespread concern about the economy, Daily Real Estate News reported on March 26. Also, 68 percent said now is a better time to buy than six months ago. The survey was conducted in early March for the CENTURY 21 First-Time Home Buyer Survey.  

Prices are the driving motivation for potential first-time home buyers. Eighty-five percent consider current home prices affordable. Most respondents are in the market for single family homes.

More than half of potential first-time home buyers are considering purchasing a foreclosed or short sale home, and 63 percent are open to purchasing either a “fixer-upper” or “as-is” home.

Our select team here with TheHomeCart.com and Brokers Guild - Cherry Creek Ltd is committed to meeting all of your Colorado real estate needs. We use the latest technology and utmost degree of customer service to enhance your real estate buying and selling experience. Our team services the Denver Metro area helping buyers and sellers with homes, townhomes, condos, lofts, and investment properties. We specialize in offering relocation assistance for local, national and international buyers of homes and properties here in colorful Colorado. For more information about buying or selling your Denver area home, please contact us here at TheHomeCart.com.


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