If you plan to live in your home, now is the perfect time to buy.
Real estate economist, Ken Rosen, tells you why!
Howard Hanna Rand Realty - Yorktown Heights, NY
Associate Broker / Office Manager
NO NO NO. People have to wait for prices to rise and rates to go up before they buy! And they should also wait for the tax credit to expire!
Nov 27, 2009 06:21 AM
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services
Lots of good information here.... and if people are secure in their jobs, there are many reasons to buy now.
Nov 27, 2009 06:23 AM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
Philip, LOL. Let's hope all this finally sinks in.
Joan, you are absolutely right. Hopefully, the job market has leveled off also and will start to turn around.
Nov 27, 2009 06:27 AM
Keller Williams Real Estate - West Chester, PA
Chester & Delaware County
Great Video! I keep telling my buyers this everyday. Let's just hope that this list of events comes true.
Nov 27, 2009 06:30 AM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
Donna & Larry, we all hope so, and I am convinced this is the direction we are heading.
Nov 27, 2009 06:48 AM
Murphy and Hayesville, NC; Hiawassee, Blairsville, Blue Ridge GA - Murphy, NC
Mountain Living Team in Murphy NC and North GA
Great video Jane. There is no better time to buy than now - buyers market, tax credit and interest rates will only go up!
Nov 27, 2009 07:10 AM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
Definitely, Carol. I think buyers are actually starting to see this in our area. There is a buying frenzy going on.
Nov 27, 2009 07:17 AM
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville
The still low rates are the only good thing for 95% of my buyers. I've not had a single person who has qualified for the first time buyer credit. I've had a couple of first time buyers, but their income was too high. Mostly I sell weekend/vacation lake homes in my market. I'm ready for some job creation.
Nov 27, 2009 09:40 AM
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!
Hi Jane, Very good explanation of the program--as well as the possibility of getting more of a surge with creation of jobs. The rates are still of interest to many of my clients too but, I have had several first timers take advantage of the first run and have seen the sellers be able to move up, freeing up the next level of home sellers too. The new plan to modify should help as well, should they be able create a solution for those to modify their mortgages while they find employment.
BTW, I noticed your profile and have been trying to find time to re-create mine to be more of a focus like yours. Have you noticed that your approach is working well for you--instead of the general profile description that most of us use?!
Have a wonderful weekend...
Nov 27, 2009 04:29 PM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
Debe, as always thanks for dropping by. I think we are getting nearer a more normal market. Indications in Los Angeles, in terms of frenetic buying in some areas would suggest that we are.
Re my profile. I need to gear everything towards what my profile suggests - absentee owners and out-of-town buyers. I don't really write towards those areas. Also, the wording is wrong. I can't imagine someone doing a search for either. It is a work in progress. I don't think the profile is as important as how you use it to your advantage and post accordingly, which you do well. I have only been doing this 3 months and only get calls from people trying to sell me something.
Nov 27, 2009 05:06 PM
Villager Realty 847-878-2588 - Glenview, IL
Glenview Real Estate - Chicago North Shore
I like Philip's comment. Interest rates for 30 years fixed mortgage is almost at record breaking levels.
Nov 27, 2009 05:20 PM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate
With prices having dropped as far as they have now is a great time to buy if you know you will be in the property long term. Nice video:)
Nov 28, 2009 04:08 AM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!
Oh, don't you just hate those solicitor calls?! ARRGH! And, they say they found you on Active Rain--you think it's an agent referring someone to you but, it's just a lead-in line!
Have a great weekend...
Nov 28, 2009 07:42 AM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado
Hey Jane, I liked watching the video, I think jobs are the deciding factor. When people are secure in their job anytime is a good time to buy and if they can buy now and take advantage of the tax credit and good very low interest rate that's all the better.
Nov 28, 2009 10:05 AM
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services
Absolutely right, Mary. Without job security people are not going to buy, tax credit or no tax credit.
Nov 28, 2009 03:31 PM
Rainmaker
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1,208,289
Jane Peters
Los Angeles real estate concierge services
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Are you buying a home in the Los Angeles area? Are you selling a home? Do you know the market right now?
In a strong sellers' market like today, if you are in the process of buying a home you will need someone to help you stand out from your competition and become the successful bidder. If you are a seller the sifting through all the offers you will be receiving can be a confusing process. And especially if you are an absentee owner or out-of-town buyer that process can be extremely difficult.
That is where I excel. I am here when you cannot be and offer a personalized service which will hopefully relieve much of the stress involved in the most important transaction of your life.
Sit back, relax, and let me do the work.
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