indicators: Should Buyers and Sellers buy or sell now or WAIT? Interest Rates affect the market!
- 01/27/11 01:13 AM
Crazy times we live in.... Home prices nationally leveling off, but in some areas they may still go down this year (prices will be different locally). This year many people hope will be the year of stabilization. What should buyers and sellers do in the meantime? The economic message to both Buyers and Sellers, DON'T WAIT!!! (Especially in Hampton Roads, Virginia). Buyers can get a better rate before interest rates rise even more (around 3.75 in OCT-NOV to around 4.75 now, do the math) AND Sellers don't have to worry about a future price reduction! Buyers, home prices may or may not … (0 comments)
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Carlos Cardo
Providing Professional Service on a Personal Level
Crazy times we live in.... Home prices nationally leveling off, but in some areas they may still go down this year (prices will be different locally). This year many people hope will be the year of stabilization.
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