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homes for sale fredericksburg: Changing Markets - 03/06/09 03:43 PM
In our real estate business, it seems like there are two real estate markets.The first real estate market is the "distressed" market - foreclosed homes, REOs and homes being sold under a lender short sale. The second real estate market is the listing - market. Home -sellers who are selling.We have home buyers who are specifically looking for homes in the first real estate market. Basically, they are hoping for a bargain. But, buying such property at a lowerr price comes with risk (depending on where the property is located, such risk can include "as is" home condition, no guarantees, and
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homes for sale fredericksburg: Buy or Wait - 02/01/09 12:18 AM
I'm currently working with investors. I work as a Realtor for Century 21 Adventure, Inc. My market is in Fredericksburg, VA. It seems that most of my clients have decided to wait to purchase, thinking home prices will decrease another 20%. My perspective is a bird in hand is better than two in the bush. Prices may come down further. They may not. That's a chance they are willing to take. I'm confronted and asked daily about our current market conditions. I explain to them that now is the best time to get a once in a lifetime deal .Investors can
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Tom Smith
Fredericksburg,
VA
More about me
Century 21 Adventure, Inc.
Address: 10601 Courthouse Rd, Fredericksburg, VA, 22407
Office Phone: (540) 735-2266
Cell Phone: (804) 513-9179
Email Me
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