Timing the Real Estate Markets! Don't Miss the Boat - The Time to Buy is Now!

I could have had a V-8!"Gee I could have had a V-8!"  The biggest mistake in most persons lives is looking back over their shoulder and realizing they made a mistake!  It is a great time to buy a home in AtlantaDon't wake up one morning regretting it!  "I should have bought when prices were at rock bottom!"  Even for Atlanta real estate professionals with loads of experience, timing the market is almost impossible.  Is it the right time to buy?  Will prices go lower?  Are their better deals out there?  What is the rock bottom price the seller will take?  Should you buy a new home, resale or foreclosure?  Buyer beware!  At some point the activity picks up and those great deals are gone while the buyer's are still paralyzed with indecision!  The worse thing in life is the kid in a candy store looking at all the candy he/she can buy with that $1 bill!  The only problem is that they can only purchase on thing!  What will the buyer buy?  Will it be the right purchase?  Will it be the best possible price?  One things for sure, it cannot get much better than this!  Rates are great, and the sellers are really willing to deal and have sweetened the pot with updates, paint, granite counters, and stainless appliances!  Times a wasting!
 

  • There are 83,000 Atlanta Homes for Sale 55975 Detached Homes and 11135 Atlanta Condos and Town Homes
  • Sales Have Dropped to 2400 Atlanta Homes Sold in January and 386 Town Homes and Condos Sold in Atlanta Jan 08
  • 30 Year Fixed Rate Mortgages are around 6%
  • There are over 7600 Foreclosures on the market in January!
  • Many New Atlanta New Home Builders are offering special incentives.
  • Many Atlanta home sellers are willing to pay your closing costs!

Jim Crawford

 

 

 

 

Subscribe To Our Atlanta Real Estate Blog in a reader

Subscribe Now!

...with web-based news readers. Click your choice below:

addtomyyahoo4Subscribe in NewsGator OnlineAdd to My AOLSubscribe with BloglinesAdd to netvibesAdd to GoogleOutpost

 
This post has been included in Georgia Information
Post is included in group: RealtorsĀ®
Post is included in group: The Art Of Marketing You
Post is included in group: Rainmaking - Internet Marketing Strategies
Post is included in group: RE/MAX Active Rain Bloggers
Post is included in group: Real Estate Rookie

12 Comments on Timing the Real Estate Markets! Don't Miss the Boat - The Time to Buy is Now!

I'm doing well but I'm not confident that NOW is the time to buy. I believe our real estate values are going to drop further this year. All of my sales in 2007 and so far this year, whether they were my listings, my buyers,  or both, were houses and condos that were priced well below the competition, and then sold for an offer that was even lower.

If Atlanta has leveled off, that's great news for us too! I hope you're right! 

02/24/2008 09:50 PM by Lisa Hill (Daytona Beach REALTORĀ®) (Adams Cameron and Company)


Hi Jim,   Good post.  This should get people to thinking again about what a great opportunities there are in nearly every market across the nation.

02/24/2008 09:51 PM by Carol Williams Wenatchee Real Estate (TopPropertiesRealEstate.com)


Lisa Hill (Daytona Beach REALTOR®)  Buyers have to start thinking when is the right time to come back into the market.  Lots of product to choose from, low 30 year fixed rates, and sellers that will entertain offers are key ingredients for buyers great deals!

02/24/2008 10:37 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)


 Carol Williams Wenatchee Real Estate  Yes!  There are some great opportunities out there!  It is always smart to keep buyers abreast of inventory levels rates and other activity in the market!

02/24/2008 10:38 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)


Jim, I have been reiterating the same thing to my clients. Regardless of whether you think the market is going to move further down, rates could not be any better, there are tons of properties to choose from, and sellers that are willing to deal...the time is now!

02/25/2008 08:43 AM by Darryl Glade ~ New Orleans Real Estate (RE/MAX N.O. Properties)


Darryl Glade ~ New Orleans Real Estate  I  agree.  With inflation start up again, and gasoline .75 cents a gallon more than a year ago...mortgage rates will not move lower.  They may go higher shortly.

02/25/2008 08:51 AM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)


Jim   Iagree - you could keep waiting and thinking prices will go lower.  That may be true, but they miss all the other benefits of home ownership and then may wait too long anyway,  Karen

02/25/2008 03:38 PM by Karen Kruschka - One of the most experienced agents in Northern Virginia (RE/MAX Allegiance)


Karen Kruschka - One of the most experienced agents in Northern Virginia  Correct, they have to be selective, and do a lot of research!  Not every deal is going to be a steal or a fantastic bargain!  But selectivley...some of the deal these coming few months will never be duplicated again! 

02/25/2008 04:33 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)


I've gotta agree with you Jim.  It's a great time to buy and the selection is great as well.  Best of luck.

02/25/2008 05:40 PM by Ray Nellum, Fort Smith Real Estate (Ramona Roberts Realtors)


Ray Nellum, Fort Smith Real Estate  It is!  But the buyers need someone wiht experience to guide them trhough the minefield!

02/25/2008 05:55 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)


Ha ha ha, Jim you are too funny! Are you going to go around smacking potential buyers in the head like they do on the V8 commercials?

02/25/2008 06:02 PM by Tina Maraj Shah Realtor (RE/MAX North Orange County)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)
Jim Crawford ~ Atlanta Real Estate-ABR E-PRO
Atlanta, GA
More about me…
RE/MAX Greater Atlanta

Office Phone: (770) 993-4848
Cell Phone: (770) 238-0122
Email Me
Atlanta real estate broker associate, real estate columnist for www.RealtyTimes.com, real estate speaker. Real estate marketing, Internet marketing for real estate, real estate coaching

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find GA real estate agents and Atlanta real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved