Well, the temperature dropped to below zero last night. It was 5 below at my home when I woke up this morning. I wouldn't mind the cold weather if we had received snow instead of ice over the past few days. The ice and sleet did affect travel in the area and I did cancel 1 of my Open Houses. I held 1 on Saturday and 2 on Sunday, but needless to say, not many people were trudging out into the weather.
Interest rates are still very low (around 6%) and very favorable for a person to buy a new home or upgrade a current home. If you have any questions, please don't hesitate to contact me!
I read today where PMI (Private Mortgage Insurance) is now a tax deductible item for 2007. That is an additional benefit for people who want to purchase a home, but don't have the standard 20% down.
Have a great day! |