Home > Blogs > Janna Scharf > Coeur d'Alene Idaho Real Estate

If you're still sitting on the fence, jump down and GET GOING!

By Janna Scharf

Real Estate Agent with Keller Williams Realty Coeur d'Alene AB37665

December 18, 2008 12:19 AM

Some people say they want to wait for a clearer view of the future. But when the future is again clear, the present bargains will have vanished. In fact, does anyone think that today's prices will prevail once full confidence has been restored?"

~ Dean Witter in May of 1932 - only a few weeks before the end of the worst bear market in history.

For anyone sitting on the fence out there, you need to jump down and get going. Interest rates are now hovering around 4.5%, sellers are motivated, inventory is high and the climate is right for you to get a tremendous deal on your purchase.

A few years from now we will hear people saying that they sure wish they would have purchased a home back in '08 or '09. Give me a call and let's find you an opportunity of a lifetime.

Janna Rankin Scharf, AB, GRI, CSP, CNS, CLHMS, provides a superior level of real estate services to home buyers and sellers in Coeur d'Alene and Kootenai County, Idaho. Visit www.JannaScharf.com to search for homes in the Coeur d'Alene MLS for anywhere in spectacular North Idaho.

Janna Rankin Scharf, 208.651.9700 NorthIdahoJanna@gmail.com

Comments(13)

Comment

Show All Comments

Sort:

Kevin & Maryellen Garasky

KMG Mortgage Group - Kevin & Maryellen, Idaho & Washington - Coeur d'Alene, ID

KMG Mortgage Group - ID & WA

Janna,

You are SO right on the money! As a lender, I can tell you rates are LOW, LOW, LOW!!! Right now is the time to buy a house! I honestly don't know why people are waiting.

Maryellen

Dec 18, 2008 08:14 AM

Elizabeth Nieves

The Elizabeth Nieves Realty Group - Durham, NC

Bilingual Raleigh - Durham North Carolina Real Estate Team

Let's hope they are listening, Janna!! This is the best time in recent history to buy a home. Here's to a kickin' 2009!!! ~GBU~

Dec 18, 2008 08:41 AM

Michael Mullin

Advantage Mortgage Inc NMLS 1770599 , Originating loans in CA, OR and WA. - Bend, OR

NMLS 11911 - Loan Originator, FHA, VA, USDA, Conv

Janna, you are right on the money (pun intended!) but there's another element as well. How many times have you heard recently - "lending standards have tightened up! It's HARD to get a loan these days." For 95% of the buyers, that is just not true. FHA loans only require 3.5% down, take you up to a $271,000 sales price in the Spokane area...and they haven't changed their guidlines at all!!

The only people having a hard time getting loans right now are people who do not report their income to the IRS (and frankly, I don't have a problem with that) or investors.

There's no reason not to buy right now.

Mike

Dec 18, 2008 03:49 PM

Janna Scharf

Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID

Coeur d'Alene Idaho Real Estate Expert

Michael - That's a good point you make. I think people are waiting to see how low home prices will go but it won't be until they are on the rise again when we'll know the answer to that. Meanwhile, how about those interest rates!

Elizabeth - Always great to see you stopping by my blog for a visit! You and your baby girl have been in my thoughts and prayers.

Maryellen - Always good to see you too, hope you figured out how to get my photo and tags off of your profile page! lol Happy snow day!

Dec 18, 2008 05:12 PM

Pacita Dimacali

Alain Pinel - Oakland, CA

Alameda/Contra Costa Counties CA

We heard the reasons why buyers wanted to wait:

The prices are coming down (they are, they did, still going)
The interest rates are coming down (wow, can it be any lower than where they are today?)

But now, the new reason is: we are concerned about the economy and not sure about our jobs.

Fortunately, serious buyers are seriously looking, and they realize the this is the time to make their move.

Let's wish them well, and let's be there for them, every step of the way.

Dec 18, 2008 05:20 PM

Russel Ray, San Diego Business & Marketing Consultant & Photographer

Russel Ray - San Diego State University, CA

I think this part of your post needs to be repeated:

A few years from now we will hear people saying that they sure wish they would have purchased a home back in '08 or '09.

And with that said, I'll also say that:

Janna rocks!
Janna rolls!
Janna rules!

Three great reasons to have Janna help you buy or sell a home!

Dec 20, 2008 10:19 AM

Anonymous

Russel - Thanks for the enthusiastic endorsement!

Merry Christmas!

Janna

Dec 20, 2008 12:47 PM

Mike Jones

SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ

Mike Jones NMLS 223495

Janna,

Congrats on blowing past the 50,000 mark! The next 50K are much easier!

Mike in Tucson

Dec 20, 2008 03:48 PM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Hi Janna! You took the words right out of my mouth! I just heard a recent buyer interviewed last night on a real estate story and she said that she and her family were buying up everything that they could possibly buy right now. She said, "So what if we have to hold on to it for 2-3 years! I'm going to make a killing in 3 years when I sell them all!!" I said AMEN to that!

Merry Christmas

Dec 21, 2008 12:59 AM

Sharon Tara

Sharon Tara Transformations - Portsmouth, NH

Retired New Hampshire Home Stager

History in deed repeats itself! This is the time to find the "steals" and many people will be wishing they had.

Dec 21, 2008 08:07 AM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

There's no doubt about it. The current time reveals a window of opportunity like none seen in a very long time. Loads of inventory, coupled with great prices, and low interest rates. . .What's not to love :-)

Dec 21, 2008 11:02 AM

Franklin & Brentwood, TN Homes Mike Nastri

Keller Williams Realty - Franklin, TN

It matters to us as much as it matters to you.

Great quote Janna, that says it all. A few brave people willing to make a move will reap the benefit of these great prices and rates. The nature of our system is those that are willing to take the risks will reap the greatest rewards. But I think there is still a huge upside with not much risk left.

Mike Nastri

Keller Williams Realty - Franklin TN

Dec 22, 2008 12:48 AM

Daniel J. Brudnok, REALTOR

Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA

SRES, e-PRO,ABR,GREEN,CSP

Janna,

From you lips to all the Buyer's ear's......LOL

We have seen a rise in urgency lately.....

Dec 27, 2008 08:03 AM