The Truth about today's Market.(that nobody is talking about)

It is easy to understand why you might lack confidence in buying or selling a  home in today's economic climate, especially if you started your day reading the newspaper headlines and end it with the evening news.  Bad news can deepen our fears and concerns about the economy.  That news however is changing a bit.  Take a look at some of the most recent news headlines:

http://www.thebostonchannel.com/news/20063753/detail.html

http://www.reuters.com/article/GCA-Economy/idUSTRE56E4WT20090715

One thing you need to remember is that the media like to be dramatic and it selectively reports negative/sensational news to pull in an audience(and advertisers.)

There has been a plethora of reports about foreclosure records and here are the facts. 

Fact1

During a recession, those that work hard and focus on taking action will most likely come out ahead when things turn around.  Instead of internalizing the negativity the  headlines can cause, choose to be optimistic and focus on the opportunities around you.

Fact2

The good news is that you have the choice to see yourself as a victim or as a fighter. 

Are there people buying and selling homes today? Yes, Here are the local homes sold in the last 90 days.

  • Sammamish - 144 homes and condos sold.
  • Issaquah - 221 homes and condos sold
  • Redmond - 276 homes and condos sold
  • Kirkland - 262 homes and condos sold
  • Bellevue - 333 homes and condos sold

Here is how buyers can win in today's market.

  • First-time buyers: HOMES ARE AFFORDABLE-If you've been dreaming about owning your own backyard, then now is a great time to purchase your first home. Not only are your choices abundant, but interest rates are at a historic low. In addition , the recently passes Economic Stimulus Bill of 2009 provides for a tax credit for as much as 10% of the primary residence purchase- up to $8000! And because you don't have a home to sell, you are in a prime position to leverage this incredible opportunity.
  • Move-up buyer: SELECTION IS GREAT- Now is definitely the time to buy the home you've always wanted. With inventory levels at an all-time high, you will have plenty of choices to ensure you get everything on your checklist!
  • Investor: YOUR BUYING POWER IS UP- Prices ave adjusted on average 12% across the country.  That means this is a prime opportunity for you to purchase low or buy more for your money. And financing is still available at historically low rates.  If you are looking to build long-term wealth with real estate, don't miss out on taking advantage of this market!

There is still time to take advantage of lower home prices and historically low interest rates. And despite what the nightly news reports, financing is reeadily available for qualified buyers.

As you know we seek to provide you and your referrals with the highest level of service available.  If someone you know is interested in knowing more about the housing market. Please contact us at 206-818-8816  Feel free to distribute this flyer to interested parties.  Here is the link!

Five StarDan Edwards  provides a superior level of real estate services to home buyers and sellers in the Greater Eastside of the Seattle Area. Visit www.danedwardsrealtor.com to search for homes in Redmond, Kirkland, Bellevue, Maple Vally, Newcastle, Issaquah, Sammamish, Snoqualmie and surrounding area. 

 Whether your real estate needs are big or small, know that you can turn to me in confidence to ensure a five star experience!

Dan Edwards, REALTOR, GREEN, CDPE 206-818-8816

 
This post has been included in Washington Information King County, WA Information

1 Comments on Face the facts! This is it! Home buyers, welcome to the bottom.

JUL
15

Interesting statistics.  Good advice on not listening to the news.

8:34pm • #1

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Dan Edwards, REALTOR® Your NW Home reSource.™

Sammamish, WA

More about me…

Northstone Real Estate, Inc.

Office Phone: (425) 837-4700

Cell Phone: (206) 818-8816

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