NOW is the time to buy or sell a home

By
Real Estate Agent with Steinborn & Associates Real Estate

In Las Cruces, NOW IS THE TIME for Selling and Buying a Home! The opportunity for buying a home right now is the best that it has been in the last 20 years. 3- Sentences sums it up:

1- Mortgage Interest Rates are the lowest they have EVER been.

2- There is an excellent selection of homes available.

3- Las Cruces Home Prices are a "steal." (US News & World Report, 2010) Worried about Selling? Hear horror stories? Remember, after you sell, you are a buyer, and you get to take advantage of a far greater gain than any problems you might have selling your present home. Sometimes someone else can sum up a situation better than I can. So I have attached this 90 second entertaining and informative video summary:"WHY NOW?"

This video was produced by Lennar Construction. They are New Home builders. They do not build in the New Mexico market, but their message is appropriate for Las Cruces.

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Rainmaker
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Simon Mills
Mills Realty - Toluca Lake, CA

I hate to be pesimistic, but does your area not have a high amount of homes that are either short sales now or at some point in the foreclsoure process.  What will happen to prices when they are foreclosed and put on market by the lenders?  I'm not disagreeing that for some it might be a great time to buy, but a blanket statement might be a little misleading.

Aug 22, 2010 02:58 PM #1
Rainer
75,295
Steve Vennemann-Hennepin-Dakota-Anoka contract for deed property-Ramsey-MN
BoardWalk Premier Realty INC - White Bear Lake, MN

With rates low as they are if you can make up the difference in price on the home you buy it should work out great for both parties if the seller doesnt owe more than it is worth.

Aug 22, 2010 03:21 PM #2
Rainmaker
127,221
Evelyn Bruder
Steinborn & Associates Real Estate - Las Cruces, NM
CRS, GRI, ABR, E-PRO

We are fortuante to be in an area that is fairly stable, Yes, we have short sales and forclosures, but it doesn't represent a lot of our market.

Aug 24, 2010 03:14 AM #3
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Rainmaker
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Evelyn Bruder

CRS, GRI, ABR, E-PRO
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