1> Selection - With the huge amount of inventory and # of foreclosures there is a selection of pre owned homes that should provide buyers with all the choices they need to find the perfect home.

2> Pricing - As we all know home values have fallen everywhere with no one getting an exemption. That is great for buyers and with the # of pendings and closings rising nationally, and thus an increase in home prices, this could be the lowest we see home prices for a long time.

3> Interest Rates - Historical LOW! Also with the US GOVT printing money faster than they can make ink you will see INFLATION kick into high gear. Economic law, look it up! The FED has religiously battled inflation with an INCREASE in INTEREST RATES!

So with these three elements in the BUYER'S FAVOR, NOW IS THE TIME TO BUY!

Don't come up to me next MAY and say "MAn I wish I would have bought last year!

 

 

 

 
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3 Comments on Why NOW....IS....the BEST time to buy! Three reasons...

MAY
15
Hit Router

You know we will here that....

2:16pm • #1
200,704 Points 1 Featured Post Outside Blog

Oh you know we'll hear it and you know we'll be blamed for not 'encouraging' them to take the leap.

I have a few buyers on the fence, waiting for things to get a lot worse, before they jump ... and I honestly believe they will miss the boat.  But, they have to do it when they're ready.

2:49pm • #2
213,276 Points 1 Featured Post Localism Sponsor Outside Blog

Hi Richard,  Our area has certainly seen an increase in active buyers. Hope it signals a rising tide.

2:59pm • #3

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Richard Harbin

Knoxville, TN

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Century21 AAIM

Address: 11167 Kingston Pike , Knoxville, TN, 37919

Office Phone: (865) 966-2121

Cell Phone: (865) 455-7622

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