Calling the market low is a difficult task, and it's most often spotted in the rear-view mirror, according to MSN. While prices in many markets may have not yet hit their lowest point, the bottom may be near. And in other areas, only the pace of sales has been affected; prices have held firm or increased. Waiting for the absolute bottom puts consumers at risk of missing the best prices and getting caught up in a market on the upswing.
To everyone...please enjoy a wonderful weekend!
Best regards,
Jillian
Friday, March 21, 2008
Friday, March 14, 2008
My real estate weather forecast...
The Real Estate climate is truly only clear for one group of people...those with a need to purchase now. Whatever the market condition, those with a pressing need will get into the market and, if they have the ability to pay the precious mortgage they are able to obtain for the next 3 to 5 years, will come out the other side glad their need drove them to act. REMEMBER: money is quite cheap...interest rates are favorable now relative to previous markets. Securing cheap money is a tremendous hedge against further valuation downturn in our market in light of the inevitability that interest rates will probably be higher in the future.
For those of you looking to gain an advantage in this market- sellers who need to sell are grateful for the opportunity to commence a negotiation with you. This offers an additional, tangible hedge against future downturns with the ability to actually buy a home under current market value.
Today's housing market presents the best time to buy in 4 years. Valuations - the difference between a home's actual price and what it should cost - are the lowest they've been in 4 years. This spells opportunity my friends!
For more on the current real estate market conditions, the need of a good electrician or any other real estate related need, I stand ready, poised to assist you.
Have a wonderful weekend,
Jillian
For those of you looking to gain an advantage in this market- sellers who need to sell are grateful for the opportunity to commence a negotiation with you. This offers an additional, tangible hedge against future downturns with the ability to actually buy a home under current market value.
Today's housing market presents the best time to buy in 4 years. Valuations - the difference between a home's actual price and what it should cost - are the lowest they've been in 4 years. This spells opportunity my friends!
For more on the current real estate market conditions, the need of a good electrician or any other real estate related need, I stand ready, poised to assist you.
Have a wonderful weekend,
Jillian
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