Whose buying right now?

Real Estate Agent with The Realty Group BRE#01750461
It's funny...because the people that are buying right now are the wealthy...and mostly foreign investors and of course anyone with stellar credit and wanting a property under $417,000 in order to stay in the conforming loan range....Being here in Ca, where the average home is definitely over $417,000...I really hope the Fed raises that conforming loan rate out here which would then be as high as about $729,000...this would open up a floodgate of good buyers who are frankly, sitting on the sidelines right now with their hands tied and truly make it a "buyers market" for everyone.

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Sheyenne Schultz

Got 2 SELL? or BUY? Just CALL SHY! 310-429-4170

Additional Information