The good news is......

 

Despite the gloom and doom of the nightly news reports, there are several bright spots in the real estate market, one of which is below.

This is a GREAT time for first time home buyers

  • They do not have to sell a home in order to buy.
  • The large home inventory affords buyers several properties to choose from.
  • Selling prices continue to be at the most affordable levels in recent years.
  • Many sellers are facing conditions that make them extremely motivated to close transactions.
  • Interest rates are low, with many wonderful programs available to qualified buyers.

Recently, I have worked with several first time home buyers.  In addition to providing an active market, these clients were emotionally rewarding to work with.  They were appreciative of the advise and service I provided and I loved to watch their enthusiasm as they embarked on a new stage of life.  These have been true win-win transactions.

 

2 Comments on The good news is......

Bill- Plus there are still some great products for mortgages for these clients. and rates are still relatively low.

03/13/2008 03:07 PM by Global Home Mortgage


Hey Bill,

 

I hear you!  This is a great time to buy and the media is not helping our business.  Like you, I am trying to promote the positive features concerning the current market.  I think that it is important to distinguish this time from every other time that we, as real estate professionals have said, "this is  a great time to buy". This is a great time if you do not have a home to sell.  It is a great time to buy a multi-family.  It is a great time to do a major rehab, but many other investment types might not be so good right now.  We have to make sure that we "keep it real" with our enthusiasm if we want to be heard.   I am planning on attending foreclosures in the Springfield area over the next few weeks.  I hope that you  get a chance to check out what is happening at the auctions on my blog.  Hang in there Spring is right around the corner!!!!!

03/19/2008 10:32 PM by Nyles Courchesne Massachusetts Real Estate Attorney (Peskin, Courchesne and Allen, P.C.)


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Real Estate Agent: Bill Fiore (Carlson GMAC)
Bill Fiore
Springfield, MA
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Carlson GMAC

Office Phone: (413) 567-3361
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