Homebuyer opportunties in Andover will not expire with the home buyer tax credit

The sand in the hour glass has just about run out. The home buyer tax credit expires on April 30. It was a great party while it lasted and, according to the National Association of Realtors,  it had a significant positive impact on the housing market. I was able to help many  buyers take advantage of this opportunity and saw first hand the excitement and sense of urgency the program generated.  I hope home buyers who have not yet found a home or who were not able to take advantage of the tax credit will not be discouraged when the program expires at midnight Friday. There will be new listings and new opportunities for home ownership in Andover and the surrounding areas.  While you may not get the tax credit, there’s a good chance you’ll  be able to negotiate a favorable purchase price for your new home. Remember mortgage interest rates are still low and the spring market is alive and well—not just in Andover!  It’s not too late to start your home search—don’t wait for prices and mortgage rates to rise.

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