Recently, I was interviewed by Fresno's news station KMPH (Fox 26) in regards to a piece they were doing on the slow housing market and first time buyers. I would like to emphasis that investing in real estate during a slow market is a smart move for everyone.
Remember the old saying: "buy when everyone is selling and sell when everyone is buying".
I believe in the validity of that statement and I believe in the value of homeownership. Historically, when a community has a majority of homeowners, it has a stronger community base and better schools. That is a wise investment in our children's future.
Good market or slow market, none last forever. Already, we are beginning to hear the first positive reports that the real estate market is changing. Here, in the Central Valley, prices continued to decline but sales volume is definitely up.
Most of the nation is now experiencing a stable market and many areas are seeing a steady increase in values.
Two years ago, 53 real estate markets were considered over valued. Now there are only 8. This means that the majority of real estate is now priced exactly where it should be.
I believe we will be seeing the pendulum swing in the other direction fairly soon. Real Estate will again increase in value and this is why I believe now is the time to invest in your future.
To learn more about the advantages of purchasing property in the Central Valley, contact me. I work with a select team who, like myself, delivers only the best in service. To determine your buying power, you may contact me and I will put you in touch with a lender that will assist you in achieving the "American Dream": Homeownership.
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