Home : Blogs : Susan McQuaide : Susan 's Blog

Get Off Your Duff!

It seems the market is in a delicate situation right now. A University of Michigan poll finds "record number of consumers now think there are very attractive prices on homes for sale." Pent up demand is there, supply is up, and for people who need to move or buy, the timing looks good. On the other hand, higher rates are changing the affordability equation. The bottom line is if you're thinking of buying or selling any time soon - get off your duff. If you see a house you like at the right price, make your offer sooner rather than later and lock in that rate.

Posted by Susan McQuaide on 06/26/2008 06:57 AM

Comments (6)

home buying, rates, demand, prices

Post is included in group: Realtors®
Post is included in group: Keller Williams 'Rainers

6 Comments on Get Off Your Duff!

great advice

06/26/2008 07:06 AM

by Fernando Herboso Real Estate Maryland, DC and Virginia (Choice Real Estate )

Absolutely it is an excellent time to buy. Spectacular selection, lots of incentives or lower pricing sure make buying a home today more exciting. It is equally as good of time to sell your current home and move up in price...the value of the higher priced homes have come down more than the lower to middle price homes...so this is an opportunity.

06/26/2008 07:36 AM

by Sam Miller (RE/MAX Stars Realty)

Susan,

It is always a balancing act, under normal times......we need to be proactive and get those who want to buy to do so while the timing is just that...balanced.

06/26/2008 07:42 AM

by Dan Brudnok - Realtor, e-PRO, ABR, CSP - Chester County RE Professional (Keller Williams - Exton - PA License Number #RS225179L )

Good kick in the hind end there! Like the post. Thanks for sharing!

06/26/2008 09:23 AM

by Crystal Corr (Keller Williams Greenville Central)

Good advice! As the saying goes, "the best time to buy a home was yesterday." The market could change over night. I noticed yesterday the Federal Reserve didn't change the discount rate. Are things getting better?

Good Post!

06/26/2008 10:07 AM

by Michael Setunsky (Michael's Commercial LLC)

It would be nice if we could get the info to the masses.....

06/26/2008 04:27 PM

by Susan McQuaide (Keller Williams)