Lately, the news for the housing market has been filled with doom and gloom. Its enough to make you not want to get out of bed....  I’m here to tell you that it is NOT as gloomy as it is being portrayed!  Funny how sometimes if you know more of the story, the news stories mean a little less. 

Here’s what some highly successful real estate experts have said about the current housing market:

SUZE ORMAN on LARRY KING LIVE – January 3, 2008
“Is now a good time if you need to purchase a home for you to live in? Yes, now is a fine time, because now is the time that you can go out and you can get a steal. If you don't get a serious bargain, walk away. There are other houses out there you can make an offer on. You get a steal, you got a good buy. You don't get a steal, you wait until you do.”


DONALD TRUMP on MILLIONAIRE INSIDE – January 2, 2008
Donald Trump explains that there's no time like the present to get in game with real estate. The current real estate market offers plenty of opportunities if buyers are ready to pounce.


My team works with excellent mortgage experts. They have all said that the interest rates right now are simply incredible.

RATES
Today you can get a 30 yr fixed rate for under 6%!  For example on a $225,000.00 purchase with as little as 5% down you could qualify and your payment would be $1151.00 plus taxes and insurance.

The rates are the lowest that we have seen in 2 years. This rate is valid for people with good credit (640 or better/ depending on individual credit history, and is based on loan amount).

With all that GOOD news, its surprising that we aren't hearing THAT on the news.  Its up to us to change the perception... So, are you ready to turn GLOOM into GOOD?
Let’s get going!  Give that news media something better to talk about

Craig Armstrong
Realtor in MN/WI
Broker/Owner of Mackaby Realty
www.CraigArmstrongHomes.com
Craig@CraigArmstrongHomes.com
651-436-2626

Twin Cities real estate, specializing in the St. Croix River Valley - towns like Bayport, Stillwater, Woodbury, Afton, Cottage Grove, Lake Elmo Hudson, Somerset, and Prescott. 

Want to see what's happening RIGHT NOW on the MLS system - the same one agent's use? Click here

Want to get updates on the real estate market in your town - statistics, maps, graphs and more?  Click here.

 

4 Comments on Hot or Not - Gloom or Doom - Truth or Fiction

JAN
11
2008
655,247 Points 29 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Craig, welcome to AR!  I see this is your first post; I'm just coming up on my one year anniversary with AR.  I have learned so much and it has been an incredible growning experience. 

I could not agree with your post more!  We really did not have a bubble to burst here in the Houston area but my clients don't know that from listening to the national news they think the sky is falling.  You are right it is up to us to educate them.

 

9:08pm • #1
1,929,066 Points 155 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

This is so true and you are right, the news loves to report the doom and gloom that is why pays their light bills. Welcome to Active Rain and look forward to reading future blogs from you.

10:33pm • #2
JAN
12
2008
229,420 Points 10 Featured Posts Outside Blog Hit Router
Craig, welcome to AR...  Great first post, you are on the right track and YES it is a great time to buy. 
7:41am • #3
564,733 Points 75 Featured Posts Outside Blog Called Shot Master
Craig--Welcome to Active Rain!  I'm with the financial experts on this...There are many many opportunities throughout the Twin Cities. A savvy buyer with a professional Realtor by his or her side can get a great deal on a home!
8:35am • #4


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Craig Armstrong

Stillwater, MN

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Mackaby Realty

Office Phone: (651) 436-2626

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