NOW: Time to Take Action If You Are Looking to Buy

By
Real Estate Agent with Hart Real Estate Solutions RRE-BRO-LIC-24638

“Buying a home cannot get any cheaper than it is right now.” Headlines like this will not be as frequent in the year to come according to predictions made by housing experts. Housing prices are down 34% nationally since 2006. Chief economist for PNC Financial Services expects these historical rates to flatten by the third quarter of this year.

REASONS:

  • Decline in Foreclosures: The process is being streamlined and buyers are getting less trigger shy with snagging foreclosures up. 
  • Job Growth: Rising unemployment rates increase the confidence in the economic market as well as the housing market. This translated as more aggressive and determined buyers are looking to buy.
  • Better Access to Mortgages: Costco is even into the mortgage game!
  • Basic Supply/Demand: Buying is cheaper than renting. Listings are not staying on the market. Demand is spiking and the supply is dwindling. 
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Topic:
Real Estate Industry
Location:
Montana Gallatin County
Tags:
housing market
real estate market
home sellers
home buyers
bozeman real estate
buying advice
at home in bozeman

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Rainmaker
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Edie Czerniak
RE/MAX Realty Team - Cape Coral, FL
My Only Purpose is to Deliver Successful Results

Tim:

 

Couldn't agree with you more.  Here in Cape Coral, FL our inventory is so low that we are having trouble finding homes for the buyers that are seriously looking.

May 04, 2012 01:38 AM #1
Rainmaker
158,384
Hart Real Estate Solutions
Hart Real Estate Solutions - Bozeman, MT
Broker/Owner

Thanks Edie.  I love Sanibel and Captiva - one of my good friends lived in Cape Coral - love to visit the Mucky Duck and the Bubble Room - are they still around.  That was 23 years ago on my honeymoon.

Tim

May 04, 2012 02:05 AM #2
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Rainmaker
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Hart Real Estate Solutions

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