- House values: Appreciation is holding up.
- % of House Sale: Down 7% only.
- Foreclosures: Expected to increase in 2008 due to subprime mortgages (buyers that purchase homes with high risk programs) subprime borrowers are only 5%.
- Economy: In the past 2 years around 4.3 millions new jobs have been created.
BEST CONDITIONS FOR BUYERS RIGHT NOW
- Large inventory; which give you the choice from a variety of properties.
- Prices are moderating.
- Sellers are most of the time willing to contribute.
- Interest rate remains historically low.
Are you going to allow the media to dictate your future, your dream? Or you will find your place and start to walk into your future. You have the right to be successful like in the movie "Pursuit of Happiness"; you have the right to be Happy, and enjoy life. Of course that a house will not make you happy, but a home will do.
You decide if you wish to stand by the fence and see how big corporation and investors are buying in this market without listening to the news. Now, you maybe wondering what is they know that you don't.
Read our Next blog......
Amarilys Suarez
Comments(1)