Sell Low? Buy Lower!

If you are one of those sellers setting on the fence waiting for prices to climb before you sell, don't wait too long!

Prices have always went up and down and I believe we are at the bottom and beginning the long slow climb out of this lousy economy in Michigan. I don't think it will be anything fast but I have witnessed a 3% climb over the past year in residential real estate here in West Michigan.

Not only are prices stabilizing, Interest rates can hardly go any lower and most likely will begin to climb as well. The difference between a 5.5% loan and a 4% loan on $200,000. is about $180. a month and over $65,000. over the life of a 30 year loan. Now is the time to get on the band wagon before the prices are climbing along with the interest rates!

Many think homes are setting on the market forever getting stale. This is no longer the case with decent, well priced homes. The nice homes, priced right do not languish on the market needing a buyer. The respectable homes that are priced correctly are selling rather quickly. The rough homes that are not priced according ly do hang around for too long waiting for a buyer, who, most likely these days, will be an investor and will snatch it up with a low-ball offer.

Here is a link to a search for homes in North Muskegon and Norton Shores.   http://tinyurl.com/6lncncv

Let me know how I can help.