Tuesday, June 2, 2009

Iowa's housing market still positive

With news of big bailouts, corporate reorganizations, and layoffs all over the country, its hard to find a light at the end of the economic tunnel. But Steve Olson with West Chester Savings Bank says the housing loan situation in Iowa is quite positive. He says a recent 8-thousand dollar tax credit as well as low mortgage rates makes now an ideal time for first-time buyers to start looking to buy a home. He says both of these factors make Iowa unique from the rest of the nation when it comes to finding a loan.