So this last week since Monday every day so far the news is chaotic to say the least. The market is up, the market is down, the market is up, oh no the market is way down and so it goes on and will continue due to not just our economic condition in our country but the world economic conditions also affect the stock market. My question is why are you watching this roller coaster. Are you having fun watching it? Probably not but there is a silver lining in all of this.
Yesterday the Fed announced that they would keep rates low and if you were watching the news media today prices might go through another correction depending on where you live as real estate is regional. What better time than now to buy? Well, let's see.
1. Homes are at the best pricing possible in several decades.
2. Your money will buy you more than ever before because today rates have dropped below 4%.
So my advice to all those just sitting on the fence and watching the roller coaster takes its free fall and then the climb back up to only take that fall again step away from the flat screen, computer, Droid or tablet and call your favorite realtor and start getting in the game of building your personal wealth and buy a home. The only person happy with you renting and doing nothing is your landlord. You see he owns what you rent.
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The Group, Inc - Steamboat Springs, CO
Steamboat Springs, CO e-Pro
Purchase Realty Group - Paducah, KY
Donnie McKinney CCIM, Purchase Realty Group
I cannot see any economic signs that suggest the stock market will go up. So, that leaves one solid possibility - going way down. It worries me thinking about all the people who have their retirement funds invested in mutual funds and hoping for the best. Get out of stocks, now! Invest in real estate ;)
Aug 11, 2011 11:56 AM
eXp Realty - Arlington, VA
I cannot see a better time for anyone but NOW to buy a home rates are great prices are even better the perfect match!
Aug 11, 2011 01:45 PM
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