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BUY!!!!!!!!!!!!

By
Real Estate Agent with Century 21 Pride Realty

Happy Holidays

 

As the title says buy. The reason I say buy is that the market is almost at the bottom. I think the numbers have to come out on how bad Christmas sales where and if the car companies can stay a float. If these numbers are bad then the market will suffer some more if they are good the market may level off and start to rise. Not any time soon but it will rise. The experts are saying that american markets  have or will soon hit bottom and the recovery will start. The million dollar question is not if but when. The rental market is very strong and when the recovery happens will stay strong for awhile until the banks figure out how to lend money without asking for a kidney. This is why I say buy. Housing prices and mortgage rates very low. First time buyers have tax advantages right now and they could get better. You as a buyer just needs to be careful. Do your home work about the property check every detail twice and listen to the professionals( real estate agents, lenders, and home inspectors) this is what they are paid for. Also your are buying a property at a low price and keep in the back of your head that there is a lot on the market right now so if you get into trouble and have to sell there is a great chance for loss of money. Unless your are a seasoned flipper I suggest to buy and hold until the market comes back. Then cash in.