Happy New Year! I trust everyone had a wonderfully blessed Christmas and holiday season. I assume all of you have made your new years resolutions. This is a new decade as well, at least according to some. There is another opinion that argues that 2011 is the start of the new decade, but that's a debate for another forum. In regards to new years resolutions... I've not been big on making them. I've never thought that I had to wait for January to roll around to make a change, set a goal, or be resolute. My thought is that if you have to wait until January, it can't be that important. But that's just me.
Now that the holidays are over, we can all focus on what's really important....Football. Last night the packers came "that close" to a spectacular comeback, but in the end, it wasn't to be. The Cardinals look like a contender, but first up are the Dallas Cowboys. Go Vikes!!!
On the real estate front, you all have heard that the $8,000 tax credit was extended. Also there is a $6,500 tax credit for non first time home buyers providing you've lived in your home for 5 of the last 7 years. The deadline is that you must have a purchase agreement written and signed by all parties by April 30th of this year and close on the property by June 30th. If you were to ask my opinion, I'd say that it would be a good time to buy if you're a first time buyer. If you have to sell, of course depending on when you bought your home, you may loose money on the sale. If you are selling and moving up, the percentage you lose on the sale can be made up on the percentage you save on the purchase. Every case is different, so if you would like to look at all the options available to you, give me a call.
Edina Realty’s 30 metro-area offices will serve as Dress for Success clothing donation drop-off sites, beginning January 2010. Read more.
