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Real Estate Market on the Rise in Savannah, GA
The last year has seen the real estate market bounce back in a big way following the mortgage crisis. Whether you are looking to buy that dream home you’ve always wanted or if you are a first time buyer, right now remains an excellent time to buy.
There are several reasons now could be a great time to buy or sell your home.
More after the break.
First-Time Home Buyer Tax Credit
- Who is eligible to claim the tax credit?
First-time home buyers purchasing any kind of home—new or resale—are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner.
- What is the definition of a first-time home buyer? Read more
Now is the Time to Buy in Savannah, GA – Part 2
Now is the time to buy a house in Savannah, GA
There has been a lot of talk lately about the housing market being a “buyer’s market”. Just what is a buyer’s market? According to investorwords.com a buyer’s market is defined as: “A market which has more sellers than buyers. Low prices result from this excess of supply over demand. Also called soft market. Opposite of seller’s market.”
This is the basic definition of a buyer’s market and it is definitely holding true in today’s real estate market. However the buyer’s market that we are currently in goes beyond simple supply and demand. There are other factors that make our current market not only a buyer’s market, but possibly one of the best markets we have ever seen for buying a home.
Now is the Time to Buy in Savannah, GA
If you’ve followed the news with even a casual interest lately you know that one of the biggest stories is the current housing market. With home prices low, tax incentives plentiful and a multitude of properties on the market NOW is one of the best times in recent history to buy a home. There is no reason to keep paying rent when you can own your own home.
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421 East 49th Street
Priced at $379,900
Classic two story Ardsley Park Home, Entrance Foyer with Front and Rear Stairs, Living Room with Fireplace, Formal Dining Room, Large kitchen with breakfast room overlooking pool and courtyard. Sunroom off Living Room, Den off Kitchen,next to powder room could be 4th bedroom in the house, upstairs has 3 bedrooms, 2 bath, master Suite has sitting area, Detached pool house in completed furnished and has it’s own kitchen, bath, closet, Studio apartment heat & air system, patio and courtyard area, Priced at $379,900 call for your private showing
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403-405 E. 49th Street
Priced at $280,000
Classic brick duplex on beautiful block in Ardsley Park. Wood floors, fireplaces, LR.DR, back porch, fenced yard403 E. 49th Street – Spacious Ardsley Park Duplex – Live in one unit, or perfect Condo Conversion – 3 Bedrooms, 1 Bath, Other one is 3 Bedrooms, 1 1/2 Baths, Living Room with Fireplace, Dining Room, Screened porch off Living Room, Eat in Kitchen, Laundry Area, Wood floors, Central Heat & Air.
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202 Vernonburg Drive
Priced at $249,900
First time on Market, 2 separate pin #’s.One lot has a house, Second lot is 2.3 acres. Perfect to build 2 – possibly 3 homes. Own part of historic Vernonburg.
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417 E. 49th Street
Priced at $330,000
Great Traditional Ardsley Park Home – 3 Bedrooms, 3 Bathrooms, Living room with fireplace with gas logs, french doors to Dining Room, Eat in kitchen, Upstairs has been converted into wonderful living space, with Bedroom and sitting area, 2 closets, large bathroom and laundry area. Must be seen to appreciate. Call Helen Miltiades Realty (912) 238-4915
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1202 Victory Drive
Priced at $209,000
Located on Famous Victory Drive, Own a Part of Historic Savannah plus Good investment property. Great location across from Daffin Park,Close to the Truman Parkway, Target and Home Depot. two 2 Bedroom units, two -1 Bedroom units, Off street parking,Central. Call Helen Miltiades Realty (912) 238-4915 – Priced at $209,000.
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111 W 40th ST
Priced at $229,000
2 Units | MLS ID #50540
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