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Where have all the buyers gone?

By
Real Estate Agent with Summit Real Estate Group BRE# 01215778

It is hard to believe that homes are sitting on the market ripe for the taking and buyers are still playing the waiting game!  A buyer can buy a home at a 45% discount and pay low interest rates and low property taxes here in Los Angeles County, California.

What will it take for buyers to realize that they are letting a golden opportunity pass them by.  The government is paying first time buyers $8,000 which covers most of the down payment for a home priced $300,000.  The government is even paying buyers that have owned and lived in the same home, whether moving up or buying a lower priced home, $6,500. 

The sad thing about buyers waiting right now is that America is depending on the recovery of the real estate market in order to pull out of the damn recession.  Once homes start selling, prices will rise.  This means home owners will recoup lost equity.  They will start spending money at restaurants and buying cloths, fixing cars, buying gifts.  This will mean more people will be needed to restock shelves, ring cash registers, manufacture goods.  This will be the recovery that we are all praying for!

Help your family, neighbors and fellow American Today - Buy a Home!!!

Your Friend & Realtor,

Tony Lewis RE/MAX of Valencia www.TonyLewis.com tonyglewis@yahoo.com 661-702-4720

Need help in the Santa Clarita, Simi or San Fernando Valleys? Call me today!

Bill Lauler
Chase Realty LLC - McLean, VA
Associate Broker,CIPS,CRB,SRES,GRI

Hi Tony , put an add on a local junior college campus that you are the Real Estate answer to their dreams..out of Mom & Dad's house with tax savings for all...

Mar 12, 2010 10:17 PM
Mitchell J Hall
Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

What will it take for buyers to realize that they are letting a golden opportunity pass them by.

When the market picks up and all the buyers come back together at the same time - prices start rising and inventory declines. They will realize then they should have bought 3 - 6- 9 months ago.

The best time to buy is when everyone else isn't buying!

Mar 12, 2010 11:20 PM
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I have been letting my data base know that buyers refuse to buy when it is a buyer's market.  They will wait until it is a seller's market then bid anything it takes and pray they get the home.

Mar 13, 2010 10:08 AM