Some have asked me lately if we are at the bottom of the declining market.  They have also asked if now is the time to be getting into real estate.  As for the declining market, The Utah economists have projected the market to continue to decline until the end of the 3rd quarter of 2010, as stated by CNNMoney.com.  As of to date Utah has declined about 6 to 10% on average.  With a little more to go for then next year.  However with the low interest rates that may or may not be around next year, and with the incredible Tax benefits the government is handing out this year.  All indicators are saying if your going to buy get in the game.  Let me quickly review the benefits:

Fist time home buyers get $8000 credit for buying a home before December 1, 2009.  This amount has now been monetized to be available for cash on closing, meaning you can use this money to buy a house.

A first time home buyer is someone who hasn't owned a home in the last 3 years.

There is also programs for new homes (Never been lived in) this is a stimulus package from the state of Utah giving an extra $6000 

That makes a total amount of $14000 to get off the fence and buy a home, So yes the prices could drop a few thousand in the next year but the savings that are available for you right now is almost to much to pass up

So get off the fence and give me a call