Why now is a good time to buy a home in Dix Hills and Melville!
· Home Prices- prices in the area have dropped from last year.
· Financing – Cost of home is price plus financing. Mortgage rates have dropped – at least for the short term. Conventional, Jumbo and FHA mortgages are all available!
· Inventory – Even though the numbers are down from last year, there is still a large selection of homes available.
· First-time Buyer? $7,500 Federal Tax Credit available for qualified buyers.
· Real Estate is a Great Investment – Over the long-term the return on real estate out-performs other investments.
When buying a home, look for long-term values. Choose a well-designed house in an established neighborhood with a good public-school system.