buying a home in this market: Time to Buy? In the entry level markets
- 10/26/09 10:34 AM
Great article explaining why the now is the market of a generation for buyers at the entry level. Buyers generally look to pay more than the same property would rent for, as it makes sense given the tax advantages of owning and the ability to lock a rate in for 30 years. The differential is near all-time lows in the lower priced parts of Orange County and Los Angeles Counties. Check out the analysis in the Orange County Register: http://headlines.ocregister.com/articles/house-48199-orange-rent.html … (0 comments)
buying a home in this market: Tips to Actually Buy a Home in This Market
- 10/14/09 02:10 PM
A colleague of mine from San Diego wrote a great blog article on what it takes to be successful in this market. While the link is below, here are the major points: 1. Buy now, when everyone else isn’t. Many buyers are going to take off for the holidays, and many agents. Catch the competition napping by taking advantage of the market now. 2. Homebuyer tax credit - don't wait to see if it is extended. If it is, great. If not, you will probably be able to negotiate a better deal from the seller who will be facing reduced demand … (1 comments)
Great article explaining why the now is the market of a generation for buyers at the entry level. Buyers generally look to pay more than the same property would rent for, as it makes sense given the tax advantages of owning and the ability to lock a rate in for 30 years. The differential is near all-time lows in the lower priced parts of Orange County and Los Angeles Counties. Check out the analysis in the Orange County Register: http://headlines.ocregister.com/articles/house-48199-orange-rent.html … (0 comments)
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