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The mortgage crash

By
Real Estate Broker/Owner with RE/MAX Real Estate Center
Today's news, while terrible for many people could be great news for people looking to buy a great home for a great price.  People with cash in hand, or superior credit history can really grab some great terms and deals right now.  In Oldham County, we are beginning to see home listings expire due to premium pricing.  Those homes are fast becoming great values.  

Comments (3)

» Bill Burress Nationwide Mortgage Originator
» Bill Burress Nationwide Mortgage Originator - Fort Myers, FL

Tom:

That's a thought.

Aug 16, 2007 01:18 PM
Hugh Krone
Weichert Referral Associates - Hamburg, NJ
Realtor, Sussex County NJ
Well thats really putting some lipstick on the pig
Aug 16, 2007 01:24 PM
Melissa Kruse
Gryphon - Lewis Center, OH
I think you are absolutly right.  There are some great deals out there for folks who can either pay cash or have great credit. If you have either it is a great time to buy and hold.
Aug 16, 2007 01:59 PM