That means if you are a first-time buyer looking to take advantage of the government's $8,000 tax credit, you're almost out of time.
Reality is, if you don't have something under contract by October 15, you probably won't close by the November 30 deadline.
Title companies and lenders are already working overtime trying to handle the deals stacked up in the pipeline today. And as buyers become more desperate to find something, anything, they can get into, the delays only figure to get worse.
My timeline for buyers is six weeks.
If you're not under contract in the next 45 days, it probably won't happen for you.
The countdown is on.