Interested in relocating? Are you moving for your job? Are you finally going to stop paying rent, and are looking to purchase your own home?
Now is the time to buy, not only to take advantage of the $8,000 tax credit, but also because the spread between what it costs to rent per month and a monthly mortgage payment—is much lower than the 15-year average in many cities.
Forbes magazine found the following 10 cities as the best locales to live, where economists predict home prices will go up the most over the next five years.
The top 10 cities that are the best places to buy right now:
- Boston & Cambridge, MA
- Charlotte, NC
- Chicago, ILL
- Cincinnati, OH
- Denver, Aurora, & Broomfield, CO
- Minneapolis & St. Paul, MN
- Philadelphia, PA; Camden, NJ; & Wilmington, DE
- Portland, WA & Vancouver, Canada
- San Francisco, CA
- Washington D.C. & Alexandria, VA
If you are looking to relocate to the Philadelphia or Wilmington area, I am licensed to sell real estate in both PA and Delaware. If you are interested in taking advantage of the tax credit, the time to start your search is now.