Special offer

It's official! Haven't you heard! The bottom is here or was here last month!!

By
Services for Real Estate Pros

I'm serious!  Historically speaking when building starts dip below 1 million AND have been almost level for several months-- we are at the BOTTOM.  Well, as of yesterday that's where we were/are!!

Let's all celebrate.  This is a good reason to be buying a home RIGHT NOW!  People always look back at what was the bottom and say "I wish I would have bought...."    ----

When the prices were better....

When the interest rates were lower....

When the selection was better....

WELL --- Let's go.  Selection has NEVER been better!  There is now 11 months of inventory on the market and dropping.  We were at an all time high earlier this year, now it is dropping.

What does this mean?

If you are a BUYER, look and buy NOW.  You will have less and less of a selection as inventory drops.  You will get a better deal NOW than when inventory drops.

If you are a SELLER, get your property ready to market.  As inventory drops, more buyers get serious.  As more buyers get serious more properties move.  You get the picture.  Looking at the home you are moving to --- YOUR selection is best NOW.  You may be more aggressive on the price you take on your home but more than MAKE UP the difference on what you are buying.

Check out the homes on the market today on my website.

If you would like me to e-mail you listings, just send me an email.

 


You can find great local Milwaukee Wisconsin area real estateinformation on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.

Serving all of your Southeastern Wisconsin Real Estate Needs. To view homes for sale go to http://www.movewithapril.com

Comments (10)

Richard Weisser
Richard Weisser Realty - Newnan, GA
Richard Weisser Retired Real Estate Professional

April...

There has NEVER been a better time to buy! Buyers need to move quickly before it's too late.

Sep 30, 2008 08:37 AM
Melody Botting
Broker Associate PenFed Realty - San Antonio, TX
You Deserve The Best

I agree with you.  It is time to get off the fence while there are still deals to be had!

Sep 30, 2008 09:32 PM
April Hayden-Munson
Brookfield, WI
Brookfield Wisconsin Real Estate

Richard - Thanks for popping by... It REALLY is a great time to jump into the market.

Oct 01, 2008 07:55 AM
April Hayden-Munson
Brookfield, WI
Brookfield Wisconsin Real Estate

Mel -

Yep, now's the time for us to help folks get off that darned fence!

 

Oct 01, 2008 07:55 AM
JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

I've been explaining these same things to investors that I know. Right now you have an opportunity to pick and choose somewhat, when the inventory starts seriously dropping, you won't get that same luxury.

Oct 01, 2008 10:06 AM
April Hayden-Munson
Brookfield, WI
Brookfield Wisconsin Real Estate

JL - Thanks for jogging my memory!  I have 2 investors - no 3 - that I need to contact and get moving!!  BEFORE things get too good for them to buy at today's prices.

Oct 01, 2008 10:13 AM
JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

Well, call them up and get them on the ball. There's no time like the present. Go get 'em girl!

Oct 01, 2008 10:18 AM
April Hayden-Munson
Brookfield, WI
Brookfield Wisconsin Real Estate

Thanks JL, I am going right now to call them.  I'll keep you posted and I'm outa here for now.  I keep getting the PROXY error boot anyway....

Oct 01, 2008 10:35 AM
Anonymous
Glen Russell

Your blog always makes me laugh, and is filled with good information. Great work April!

Oct 02, 2008 01:14 AM
#9
April Hayden-Munson
Brookfield, WI
Brookfield Wisconsin Real Estate

Glen - Thanks for stopping by, and I'm glad I make you laugh.  Laughter is, after all, the BEST medicine, may you laugh often.

Oct 02, 2008 08:00 AM