Central City Atlanta Condos Give Market Update

Market Update Message From Central City Atlanta Condos

Central City Atlanta Condos gives us a market update for February 2010. Based on the recently approved FHA changes and current improving market conditions, now is the time to buy at Central City for multiple reasons.

First the federal homebuyer tax credit options of $8,000 or $6,500 expires soon. The new FHA changes coming soon will cause the down payment amounts to increase, the seller contributions will be reduced from 6% to 3% and the credit score requirements are expected to rise. The interest rates are projected to increase from their currently low rates. And you must write a contract on a home by April 30, 2010 in order to take advantage of the tax credit options.

So don’t wait, call Central City Condos today! They can answer all of your questions and put you into a new Atlanta condo now while it’s your buyers market (before all these above changes actually take place)!