Wednesday, August 20, 2008

Jump Off The Fence and Into Your New Home!!!

After 33 months of a slow down-turning Real Estate market where home prices have fallen so drastically with all the foreclosures and bank-owned homes, there was really nowhere to go in the Real Estate market but UP! Prices have fallen to a point where consumers not only feel that homes are affordable, but that the purchase would be considered a value. Investors and first-time home-buyers alike are all moving into the real estate market. Bank-owned homes are being sold just as quickly as they are being advertised for sale. Multiple offers on homes are being reviewed, and consumers are offering ABOVE listing price for certain homes to ensure that their offer gets accepted against all other offers. If you are still sitting on the fence waiting for prices to drop before making your move, you may miss your opportunity of either moving into the home of your dreams (or buying an investment property) at the price you can afford. Just think of your home purchase as your personal investment. You buy now and sell later when the real estate market is back to normal. You will definitely make a profit! At worst, even if home prices did fall another 10% by mid 2009 (which I don't think will happen, but even if it did), you would have already started your investment TODAY. By the time the real estate market does stabilize, the market value of your home at that point would compensate for the supposed 10% decline, and you will have the ability of moving yourself into a bigger home (or choose to stay exactly where you are and refinance to buy another investment property). Any way you slice it, if you BUY NOW during this time when home prices are at a low, YOU WILL BENEFIT. Let's face it, at this point, there is really nowhere for the Real Estate market to go but UP...don't miss your opportunity and call us today so we can help in your next Real Estate Investment/Purchase!!!!

No comments: