- Home prices have fallen below the price they would be today had the bubble not been created.
- Mortgage Interest Rates are at an unsustainable low level and buyers will fear missing out.
- Home Owners have been in the same homes much longer than usual and will want to move.
- First Time Buyers are being encouraged to get out and buy a home by family and friends.
- There is simply too much money sitting on the side lines and real estate is a safe haven once again.
- Lenders are approving short sales at a rate unheard of just 2 years ago.
- This is an election year and neither party will encourage a continuation of this Recession.
- People will begin getting back to work.
- People will begin to demand an increase in wages.
- Investment Properties will allow the buyer to have their mortgage paid by the renter.
- Home Affordability is at rate unseen in decades.
- Buying a home will be cheaper than renting a home and people will wise up to this.
- The new generation of adults will rediscover the joy of home ownership.
- Those that can afford to buy a second home will do so to recoup the losses they have endured.
- Many will realize that this is a new day and a new real estate market. Having not taken a loss is their gain.
It is time to get out and buy a home! Your Country, Friends & Neighbors are depending on you!
Your Friend & Realtor,
Tony Lewis * RE/MAX of Valencia * tonyglewis@yahoo.com * 661-510-7975
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