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Real Estate Turnaround

By Dennis Niec

Real Estate Sales Representative with NieCo Productions, Prudential Great Lakes Realty

February 25, 2007 12:56 AM

Do you feel it? There is a definite, measured turnaround in the general real estate market. I'm not sugggesting we will soon be back to where we were in the mid-late ninties. But, the free fall of prices is near the bottom and buyers are starting to realize that with relatively low interest rates, it may be a great time to purchase. More so, if they want to move up. The smaller loss on their sale will be more than offset by the larger savings in their purchase.

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Anonymous

Tom Key

Anyone who is serious about buying should make making efforts to do so NOW. In the areas of fast growth, and expected baby boom expansion, the now current bargains will disappear once current builder spec inventory and speculator inventory has been absorbed. The base cost of building will continue to rise as the cost of material continues its upward spiral. In addition many growth areas are now charging huge impact fees which will further increase housing costs. Now is a great time to jump off the fence and take advantage of what could be a deal of a lifetime.

Just an opinion,

Tom Key

Feb 26, 2007 12:01 AM

Dennis Niec

NieCo Productions, Prudential Great Lakes Realty - Fenton, MI

It's my understanding that the proactive real estate developements are doing better, on average, than the non-proactive. If there is a good chance that you can be a part of a growing, changing, evolving resort, it makes sense to jump in. Great time to buy.

Feb 26, 2007 12:49 PM

Paul Gruber

Paul Gruber - Sarasota, FL

Hey I think You might be getting the hang of this.

Stay Great Dennis

Paul

http://www.getactionnow.e3flix.com/

http://www.personalgrowth.com/Paul