My View on Real Estate

Well, we can all "gloom and doom" or take a hard look at the opportunity we all have and run with it!

Yes, the Media is slamming Real Estate and all the Mortgage woes. However, as a Buyer, look at what's really available to you.

Housing selections and pricing hasn't been this good in 5+ years?? The Mortgage Industry has rebounded with great rates and many programs they've always offered!! Yet, as Buyers, we are all afraid to buy. Why? The Media hasn't given you "permission" to buy!! The negative news has become so consuming in the Real Estate and Mortgage Industry, we aren't seeing the great opportunity we really have!

Yes, the prices of homes may drop a little more and perhaps the mortgage rates will drop a little more?? Does that mean we just stop and look forever???? I even have Seller's that are willing to help Buyer's with their old unsold home's mortgages for up to 6 months, just to help get things going again! We know it's difficult to carry a new mortgage as well as the old mortgage and that has also stopped a lot of transactions from going to settlements. However, when a Seller is willing to fund your old mortgage for up to 6 months or until sold, that's a "win-win" for everyone!!

Let's look at the facts and realize that prices are the best for a Buyer in a very long time and the interest rates are awesome. It's time we stopped listening to the negative sensationalism of the Media and get back to Buying and Selling Real Estate!

 It's a great time to be Buying or Selling!!

 
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5 Comments on My View on Real Estate

Seems to me that the media has slowed down somwhat...or maybe I'm just getting better at avoiding the press!

12/20/2007 08:13 AM by Al Maxwell - Real Estate Agent - (Coldwell Banker)


I agree, we need to promote that attitude. Great Job. 

12/20/2007 08:21 AM by Lewis Smalligan (Exchange Financial)


Bernie,

Your right attitude is almost everything, Did I say almost?  Almost due to the fact that a good plan helps, if someone is planning on living in their next home for the long term now is the time to buy, more selection, great interest rates and they will be buying for much less than just 18 months ago.

Take care!

RJH

12/20/2007 08:37 AM by Empire Realty


Morning Bernie,  We need for all of us to be consistent in our approach to the market:  This is a classic buyer's market with plenty of excellent inventory, historically low financing and sellers who appreciate a well qualified buyer ! 

12/20/2007 08:39 AM by Bill Gillhespy Fort Myers Beach Realtor (Century 21 Tripower Realty)


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Real Estate Agent: Bernie Martin & Juli Morella (Weichert Realtors)
Bernie Martin & Juli Morella
Mullica Hill, NJ
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