Confidence in the real estate market is still low. With many consumers still reeling and recovering from the "big bubble burst" and digesting new rumblings of an oncoming "double dip," it is easy to understand why the fence feels much safer than a plunge into the marketplace. Real estate returns are made up of much more than dollars alone.
Clients often ask, "What are the best buys right now?" The answer depends on the wants and needs of the prospective buyer. The first time home buyer's needs differ from a downsizing empty nest senior. However, both are looking for a wise investment that will not only offer shelter but also a safe haven for hard earned down payment or equity built over a life time. They do not want to roll the dice with wild abandon and make a foolish mistake.
Consider the underlying support factors before you purchase. Parents want excellent schools for their children. Seniors want transportation, shopping and superior medical facilities nearby. Commute time, entertainment and recreational options need to be considered. Individual home prices are supported by the strength of their location and community.
Once the location/community is chosen house hunting becomes more personalized; it's now about your preferences, your budget and your style. Knowing you selected the best location for your needs removes much of the stress and uncertainty from the home buying process.
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.
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