Arizona homes are all on clearance now. You are not only getting a low purchase price but what about those interest rates? Interest rates were higher at the time the tax stimulus was in affect. On a $200,000 loan at 5.5% interest over 30 years v.s. the current 4.25% interest you can get now, You save well over $8,000. In fact, you will have saved $54,612. You should be thankful you missed the $8,000 tax stimulus deadline.
Are you still asking yourself if now is a good time to buy?
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