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17 Comments on It's a Buyer's Market, So What Are You Waiting For?
Good Morning Margaret
Thanks for the post and information. It is a buyer's market ;-). Have a good day.
Not only are the home prices down and they are starting to stabilize and head up in the Washington area, but interest rates are rising. The rising rates will push some potential buyers out of the market and make it more expensive for others.
I have a feeling there will be many who wait to long and will be kicking themselves for not taking advantage of the current buyers market!!
I recently read a book called Influencer but haven't seemed to mastered the technique yet. I've told many buyers that they should buy but most haven't made the move.
You are right Margaret, so many are waiting and then disappointed when they find out they have waited too long when they find out the home they had their eye on is now gone.
Margaret, he who hesitates is lost and with the opportunities out there while mortgage rates are still low and the PMI insurance hasn't gone up as yet. It's money in their pocket.
Margaret - Nice touch with the different languages and the cartoon. Hopefully your procrastinating buyers (and mine) will get the message soon.
LOL... This was inspired by someone very near and dear to my heart. I just wnat to shake them and say, "What are you waiting f.or - REALLY?" So many excuses and nothing real. I know they're going to regret waiting.
Patrick, thanks for your comment.
Alan, you're right on!
Terrie, I agree.
Glenn, Maybe I should check out that book.
Steve, I fear this combination of interest rate and prices will not last forever, and procrastinating buyers will los.
Ed, Have you figured out the magic words? I can't get through to some folks who know they need to move, have the means to move, and are simply procrastinating.
Judy, Thank you! I love that cartoon, and I contacted Richard when they first posted it... I think 2006-2007.
Timely message, Margaret. I hope all of the buyers out there are listening, for all of their sakes. Where's that reblog button when you need it???
William - I think it's there! (the re-blog button) Anyway, I know too many people who could read this and think it's just for them.
Very cute post with a BIG message! Hope everyone is listening!! :)
YUP. Very glad the re-blog is working again. Great Maryland motivational post.
Margaret, buyer who are waiting for the "right time" or for the "bottom" just might miss the proverbial boat all together.
Margaret..What a true and adorable post ..especially about mother told me ..Thanks
HelpfulHannah
It's like the perfect storm....people should be buying because of the great opportunities...yet they are waiting.
One of my investors may be jumping in again...thank goodness!
Great advice for those Buyers' that are waiting for that worm to get bigger!
Margaret, With interest rates as low as they are, potential buyers who are renting, should really think twice before "waiting." And sellers who don't want to sell because they aren't getting what they want for their current property, should rationalize that they will probably be able to make it up on the property they purchase -- and at a lower interest rate than they may get later. Cute cartoon.
Waiting is not an option in a buyer's market. I still remember when they were off the fence so fast in a seller's market. There is a disconnect for some still waiting for the "bigger" worm per your graphic image, however, the smart ones are taking advantage of interest rates and often figuring out a way to finish their dream of their next move. Good post!