Buyers have the edge!

By
Real Estate Agent with Brentwood Real Estate, Short Sales, Foreclosures, HAFA BRE# 01446530

Buyers have the edge!

Brentwood homes for sale

According to Lawrence Yun, chief economist from the National
Association of REALTORS®, “Home buyers over the past year got a
great deal, and buyers for the balance of this year have an edge over
sellers. Affordability could reach a generational high in the second
half of this year because of rock-bottom mortgage interest rates,
helped partly by the Fed’s very accommodative monetary policy.”
For more reasons why now is prime time to buy a home, contact me
your Brentwood Real Estate professional and I’ll send you a free ebook.

 

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Posted by

 

John Giggy, Realtor & Foreclosure Specialist
Keller Williams Realty


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Comments (9)

Jack Mossman - The Nines Team at Keller Williams in Stockton
The Nines Team At Keller Williams - Stockton, CA
The Nines Team at Keller Williams in Stockton

John - I'm with you ... but no one has an edge if no one is moving forward!  This is a market of necessity right now ... the only non-bank sellers are those that "have to" and the only real buyers seem to be those that "need to!"  Have a great holiday season ...

Dec 16, 2010 03:35 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

John - You are right, historic low interest rates makes it the best time to buy a home.

Dec 16, 2010 04:02 PM
Pat Tasker
Shorewest Realtors - Germantown, WI
Your Milwaukee Metro Area Agent (WI)

I am finally seeing some buyers anxious to buy!  I think the slowly rising rates are showing them, IT'S TIME....

Dec 16, 2010 04:17 PM
Bill Pohl
Tetra Homes, Inc. - Loveland, OH

John - Buyers will have the edge for years caused by the financial crisis and its applied cures. I vote for 2014.

Dec 16, 2010 06:19 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John, one more reason for buyers to buy the home now! Rates are going up so better they rush!

Dec 19, 2010 01:58 AM
John Giggy
Brentwood Real Estate, Short Sales, Foreclosures, HAFA - Brentwood, CA

@Jack - Thanks for the comment. You have a Merry Christmas too.

Dec 22, 2010 06:46 AM
John Giggy
Brentwood Real Estate, Short Sales, Foreclosures, HAFA - Brentwood, CA

@John - Good name:) Absolutely. Which affects the family budget. In 1981 36% of the FB went towards to the mortgage payment now because of the interest rates and in some cases the value of the homes. In 2009 15% of the FB went towards the mortgage payment. I could only iimagine what is now.

Dec 22, 2010 06:50 AM
John Giggy
Brentwood Real Estate, Short Sales, Foreclosures, HAFA - Brentwood, CA

@Pat & Praful I couldn't agree more. I hope for the buyer's sake the urgency will be realized. This market is very interesting and we don't have a crystal ball to know what is to come. We need to seize the opportunity that is at hand. Carpe Diem.

Dec 22, 2010 08:12 AM
John Giggy
Brentwood Real Estate, Short Sales, Foreclosures, HAFA - Brentwood, CA

@Bill - Thanks for commenting on my blog. What do you mean that you will vote for 2014?

Dec 22, 2010 08:23 AM