Admin

If I only had a dime.

By
Real Estate Agent with Peterson Team Realty

If I only had a dime. Well, maybe enough money to purchase here in San Luis Obispo. It is simply unbelievable that singel family homes are selling for less than $300,000. Three, to be exact,  in the last 6 months.

One even sold for $210,000 August 30th. Yes, this home was simply studs, cement and a dirt yard. But, at that price in San Luis. If I only had a dime. Maybe I am too optimistic, but recovery will occur and anyone that misses out on this downturn will be kicking themselves later.

I understand, lots of us are in fear. I have fear, but if I only had a dime. Whether you are an investor or looking to live here. Do not hesitate. Buy. I am not saying,  don't do your research and educate yourself on the market. That should not take long. We are at bargain prices. So, plunge in. The water is warm.

Comments(3)

Show All Comments Sort:
Ruthmarie Hicks
Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605 - White Plains, NY

This is so frustrating for me...I know that we have absolute STEALS on the market right now and yet buyers are blowing off these prices and acting like its not "enough."  What exactly are they waiting for - for it to be FREE?

Sep 03, 2011 02:25 PM
Donald Reich
Madison Specs - New Rochelle, NY
Cost Segregation Specialist

Garry, you make a great point. Prices are way down from the highs . . .  so this is the BEST TIME TO BUY!

Sep 03, 2011 02:36 PM
Mary Macy
Top Agents Atlanta Metro - Roswell, GA
Top Agents Atlanta Metro

There will be a lot of people who say "I Should Have bought when!!!"  It is hard to pinpoint the market bottom and we may not be there, but the interest rates and low prices are amazing and a perfect storm.

Sep 03, 2011 03:16 PM