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Take That Homes and Land Magazine and Shove It

By Bob Willis

Real Estate Agent with Berkshire Hathaway HomeServices California Properties DRE# 01788371

November 06, 2009 08:39 AM

Take That Homes and Land Magazine and Shove It into the trunk of your car. Leave it there for the next five years. Then, take it out and look at all the homes. You are going to wish that you had bought every single home advertised in that old magazine.

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I help home owners in the following towns in the greater Whittier area: La Habra, La Habra Heights, La Mirada, Norwalk, Santa Fe Springs, Covina and West Covina.

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Christine Donovan

Donovan Blatt Realty - Costa Mesa, CA

Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Bob,

This is likely to be a very true statement. Prices are down, interest rates are down, and many are still nervous who will later regret decisions made today.

Nov 06, 2009 08:41 AM

Bob Willis

Berkshire Hathaway HomeServices California Properties - Orange, CA

Orange County & L.A. County Real Estate Agent

Christine, If either prices or interest rates increase substantially, then any home is going to be much more expensive to buy in the future. Many people are forgetting that today's interest rates are nearly the lowest they have ever been.

Nov 06, 2009 09:04 AM

Lina Robertson

AMAX Real Estate - Springfield, MO

REALTOR® Serving Springfield, Nixa and Ozark, MO

Bob, that is the funniest thing I've read all day! It's funny because it's so true. There are going to be a lot of people kicking themselves when this market turns around.

Nov 06, 2009 02:20 PM

Lina, I'm glad you got a kick out of it. These may be the times may when fortunes are made by people who buy lots of real estate.

Nov 06, 2009 04:18 PM

Tom Boos

Sine & Monaghan Realtors, Real Living - Grosse Pointe Farms, MI

Providing the very best of service to Sellers and

Yep. I wish I had lots of extra "dough" right now. I would snap-up many of today's bargains.

Nov 07, 2009 04:00 AM

Michele Reneau

Certified Staging Professional (CSP) Elite Instructor - Summerville, SC

Realtor, GRI ~ Charleston, SC Relocation Experts Team

Bob-I have read that in past millionaires were made in times like these. I agree with you. I believe that rates will be much higher in the future to correct inflation and these low rates will be history. Inflation will also soar prices of building materials, etc and that will soar property values as well. Real estate is still a good long term investment.

Nov 07, 2009 04:22 AM

Tom, I'm with you on wishing I had lots of extra dough now to buy properties.

Michele, Your points are right on about interest rates, inflation, building materials and property values. And, yes, millionaires were made in times like these.

Nov 07, 2009 04:39 AM

Alix, only time will tell...

Nov 08, 2009 09:40 AM

Take That Homes and Land Magazine and Shove It

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