The First Time Homeowner Tax Credit of $8,000 has certainly helped the Dallas/Fort Worth real estate market.  I’ve had first time clients buy in places like Frisco, McKinney, and Prosper.  Would they have purchased without this incentive?  Maybe.  However, I can tell you that the incentive was a driving force behind them deciding to purchase now.

For other potential Metroplex home owners, one thing to keep in mind is that the inventory of existing homes has been dropping.  What this means is that it is now less likely that you will find an “already built” home in October that meets all of your needs and that you can close on in November (to beat the December 1 deadline for the credit). 

Your other option is to build a home from the ground up.  Many builders in North Texas are offering some nice incentives on build jobs.  North Texas Home Finders clients get additional incentives as well with many home builders.  The time it takes to build a new home in the North Dallas and Ft. Worth suburbs varies from about 3-6 months in most cases.  That means that if you want to build your own personal dream home, you better get started today! 

Article by W. Cody Robinson, Owner/Buyer Specialist, North Texas Home Finders

Contact Cody at 972.365.0432 or Cody@NorthTexasHomeFinders.com

Get a Buyer Specialist and rest easy! The builder pays our service charge from their advertising budget which is built into every home they sell. Since these fees do not come out of the home construction budget, you cannot negotiate one penny of a better deal alone.  We also work with preowned homes where the seller pays our fees!  Visit www.northtexashomefinders.com for more information.