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Getting Buyers Off the Fence…An AR Contest...
A few days ago The New York Times had a featured article in the Real Estate section about my area in particular entitled "Renting Is All the Rage"  by  Elsa Brenner."Brokers these days, wrestling with dwindling sales, would have their clients believe that there is no better time than the present to buy a home.  Prices are down, they say, and mortgage rates are at all time lows.....Unfortunately for the brokers, many clients are not persuaded by that logic. Instead, in increasing numbers, they are choosing to rent - unconvinced that the housing market has yet hit bottom"Whether or not we are at the absolute bottom of the market - the brokers are correct.  This is when people should be snapping up properties right and left.  This IS the best time to buy. The deals are so sweet they are ripe for the picking. But buyers continue to walk away from a  market that hasn't been so affordable since Eisenhower was POTUS.  In my market this includes buyers who are secure in their jobs, and  have credit to die for.  They are wealthy, well-heeled and completely capable of  making a major dent in  our large inventories.  They take their  agents and ... more

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