I feel very fortunate the Cabot Arkansas real estate market is not down as much as other parts of the nation. Sure it has slowed down some, but luckily it is not dead. I have had some buyers in the past couple of month that decided not to buy because of the economy. They said that all of the news made them change their minds. There financing was good, but they just got scared with the news about the economy.

Is that wrong? I don't think so. Nobody know what is in store for the national economy. If people feel unsure about buying a home, they shouldn't do it. Home ownership does have more costs associated with it then renting. So for those who are unsure about buying because of the economy, don't do it!

However for those who do feel comfortable buying a home, now is a great time. There are some great foreclosure and short sale deals available in Cabot right now. If you feel comfortable with you financial situation you can buy a home in today's market and move in with instant equity.

Shortly I will write a post about how to find good deals on foreclosed homes in the Cabot area. It is not any scam or way for you to buy home for pennies on the dollar. It is a tool that will allow you to be notified instantly when a foreclosure comes onto the market.

Good day