Provided by Fred Scovell of The Scovell+Sabatini Team at Rubloff Residential Properties www.scovell-sabatini.com

TIMING IS EVERYTHING!

Why Buyers Should Be In The Market Now!!

Sellers that have been on the market for awhile are very motivated to make a deal and do not want to be on the market over the winter months.

It is hard to predict the bottom of the market but the worst may have passed.

The government is actively trying to revive the housing market -at some point they will succeed.

The rising dollar and dropping oil prices could indicate an ending of the current down cycle for housing.

A lower purchase price for the buyer who is waiting for further deterioration in value would be lost to increased mortgage rates.

Fewer buyers in the market make sellers more flexible.

You must be actively "in the market" in order to take advantage of good deals and to be able to spot them.

Looming inflation will bring higher real estate prices.

Buyers have a greater selection of properties with current inventory levels and have to make fewer compromises to get what they want in this environment.

If you are renting, you are losing your homeowners tax break.

Tighter qualifications make a good buyer a precious commodity to would be sellers and - they command a stronger negotiating position.

Many predatory loan products have been eliminated; consumers should have more confidence about not being duped into bad loan scenarios.

Rates are historically lower in the fall than in the spring.

Fed could increase rates to combat inflation.