Special offer

Great Market for first time buyers and Trade up buyers

By
Real Estate Agent with RE/MAX Innovations

What a great time to buy a house.  Between mortgage rates at 5 percent and below, the choice of houses and the willingness to negotiate it is a great market for first time buyers.  Most people agree that first time buyers are in great shape but there is also a group of buyers that also can make out.  These trade up buyers who are forced to sell for less,  have an excellent opportunity to buy for less as well.  Take a trade up buyer in Massapequa Park to move down to Harbor Green.  The Park buyer will be forced to to take 5% less ( 450000 asking price take 22,000 off).  They then can buy a home in South Massapequa listed at 650000 and if they get it for 5% off asking price takes 32,000 off.  However even more important is that as you go up the price range teh market gets softer so potentially they may get it or 10% off of asking price, truly making out on the deal.  IF you have any questions or would like a list of teh best priced homes in Massapequa and teh surrounding areas contact me at 516-655-3860. 

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Contact me for all your Real Estate needs in Long Island, New York!

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Trey Affolter
Keller Williams Realty - Tacoma, WA
Brings HOME Results!

- interest rates sure makes it more appealing for home buyers & owners considering refinancing and should motivate them. In the article Time to Get Off the Fence and Into a Home, the same message comes in an article from NYTimes.com offered by Your Money. Another source with this message was from Smart Money, Time to refinance -- or buy a home? Good information to pass on to our buyers.

Best wishes for 2009!

Trey Affolter

http://www.treysellshouses.com

Jan 20, 2009 04:48 PM