If you haven't already read numerous rightups about the housing market and mortgage rates and charted them all out you will find the window of time to capitalize on seriously profitable home buying power is slowly closing. Not to say that you shouldn't buy down the road, but if you want the largest ROI NOW IS THE TIME! 
John Paulson, billionaire hedge fund guru says "If you don't own a home buy one. If you already own a home, buy another. If you own 2 homes, buy a third. Gift money to your family members so they can do the same."
We all know the fence sitters out there who are holding out thinking either the market hasn't quite bottomed out or that rates will continue to fall. Despite how accurate either of those 2 scenarios maybe, the bottom line can be summed up in one word ~ RISKY!! If market values drop 2.5% but mortgage rates increase .25%... YOU LOSE!
The fact of the matter is the mortgage rates have not been this low in over 50 years!! You would have to be in your 70's by now to have been able to take advantage of rates this low at any other time in your life.
Same goes for the sellers of a home. You can't sit on the fence waiting to sell your home just because the market is down a bit because chances are in this same economy you run the risk of interest rates increasing, which in turn negates holding out for an upswing in home values. It's a lose lose for both buyers and sellers if the cards are not played right.
The New York Times reports that home values are falling the most within the lower priced home sector. When the housing market was at it's peak, the lower priced homes experienced the most dramatic increase in most major metropolitan cities. The same is now happening as the market values have been experiencing losses.
To the public......contact your real estate professional for a free home assessment & contact your mortgage professional to weigh out your options (I am always available ;) 314.619.4321)
To the real estate professionals.......work together with your mortgage professional to spread the word of the urgency to take action.
I surely hope everyone has a wonderful holiday season.
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