... FOR YOU HERE IN CALIFORNIA ... and ACROSS THE UNITED STATES.
DISTRESSED PROPERTIES and FORECLOSURES ARE INDEED AN IMPORTANT PART OF OUR MARKET ... and CAN PRESENT EXCELLENT BUYER OPPORTUNITIES.
DISTRESSED HOMES and FORECLOSURES have received lots of attention in the press and media recently, and that's good.
IT'S TRUE ... BUYERS and INVESTORS do have excellent opportunities.
Mortgage rates remain incredibly low and make buyer opportunities even more attractive. If you are a qualified buyer with documentation of income, have solid credit history, and a twenty percent down payment, you can now get a 30 year fixed mortgage at a rate of less than 5 percent.
We see new buyer activity as home sales volume was way up in California 2008 as compared to the same times in 2007 ... the median sold price of a single-family sold house in California plunged 41 percent during 2008. (source: California Association of Realtors).
It's all great news for you buyers and investors who are smart to see real value.
If you want to be a buyer ... now is the time to make plans, get your finances in order, think it through, meet with a qualified mortgage broker, hire an experienced Realtor agent in your area, and take advantage of waiting bargains.
It's also good that the US home median sold prices fell in 2008 .. that home sales rebounded during December (source: National Association of Realtors). 
THERE IS REAL VALUE FOR YOU BUYERS AND BARGAIN HUNTERS ... FORECLOSURES, REOS, SHORT SALES ... ARE DETERMINING TRUE VALUE OF REAL ESTATE in some markets.
Realtor agents are available and interested to help you now with the financial and practical aspects of your decision to finance and buy a home, so make that contact now with your friendly Realtor.
Don't wait. BARGAIN PROPERTIES ARE NOW BEING SOLD AND ABSORBED INTO THE MARKET ...
Make goals and get prepared with your finances. If you want to buy a home ... here in California or anywhere in the US ... for residential living or investment ... now is your time to get moving.
If you have questions about Southern California real estate and home opportunities, or about mortgage, please contact us. Thanks. Harrison K. Long, Explore Group Properties, Coldwell Banker Previews, Irvine, CA.
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