This is being addressed to buyers that want to buy a house but are still sitting on the fence trying to figure out how much lower the prices will go.  The problem with waiting for the bottom to hit is that you don't know it's the bottom until it starts to go up again.  I know you have heard this before, but it really is A GREAT TIME TO BUY!  Interest rates are still relatively low, home prices are extraordinarily low and, if you have good credit, there are many, many opportunities out there.

Let's assume you have some extra money right now.  You know the stock market, like the housing market, is cyclical.  You go out and purchase stocks now when they are very low, knowing full well that they will bounce back.

It's the same thing with the housing market.....A home that you might be able to purchase today for $300,000 may be priced at $350,000 6 or 8 months down the road.  That is when you kick yourself and say, "Why didn't I buy when  the market was low?"

Real estate is still the best investment around.  Why is it that banks have mortgages for homes but not for the stock market?  It's because the banks are aware that real estate, in the long run, is the best investment around.

Think about what I've said.  If you have any questions, please don't hesitate to contact me at mramsey@ferrisre.com I am always available to talk or answer questions.  Let's just sit down together and see what is out there.  Who knows.............maybe you will find your dream home AND at a good price.

Thanks for reading this and I look forward to hearing from you.

By the way, I'm an associate broker and I also have an ABR designation (Accredited Buyers' Representative)