...And A Few Other Reasons It's a Good Tme To Buy Your Next Home
- Choices. There are a lot of great properties to choose from. In Bel Air, there's a record 9 months worth of inventory alone. The possibilities for a good deal seem endless right now.
- Prices. Because of the tremendous inventory of homes for sale, home sellers are looking for an edge over the competition and the possibility of a home buyer snagging a g
reat deal is very high right now.
- Cost. Mortgage interest rates are at a great low. That's right, they are low and that is exactly where we want them to be!
- Formula. Your formula for success is now written and right now is the time for you, the Savvy Buyer, to plug your variables into the formula for home buying success--
Great Choices + Competitive Prices + Low Cost = Tremendous Home Buying Experience
This is all happening right now and there's no guarantee that all the moons will be aligned in the same juxtaposition next week or even tomorrow. I've been successfully listing and selling real estate for over 14 years and I couldn't tell you if we've hit the bottom yet (for rates/home prices, etc.) I don't have a crystal ball and neither do the pundits who continuously forecast real estate doom and gloom. What I do know is that real estate is a basic necessity and it's all cyclical. I also know that the buyer side of the real estate cycle is right now.
Now is the time to get out there with your ace REALTOR and find the home of your dreams. In other words, get off the fence, pick those splinters out of your hindparts, and go for it! Now is the time.
Respectfully Submitted,
Lanette Branch, REALTOR RE/MAX 1st Advatage, Bel Air, Maryland
I love it! Just the imagery. It is so true. We have to get a "wave" going with the same mantra. I've told my buyers that if they wait till after market gets better - which it always does - always has, they are leaving money on the table. It's usually the investors that start sniffing the good deals out right at the turn and I'm starting to see them wafting back in - scooping up those REO's, short sales.
If a buyer thinks the market is truly going to go down another 10%, then offer 10% less now when there's still choice.