Admin

Market condition - changes

By
Real Estate Agent with Re/Max Realty Specialists Inc.

WOW what a crazy day at the stock market on Monday.  Everyone got the jitters and people lost money...or did they?  I'm by NO MEANS a stock market guru but for those buying in the market, isn't it better to buy low and sell high? I think for those buyers, they made some good money, but guess what happened?  The U.S. lowered the lending rate and it looks like we are going to see a drop in our rate as well.

What does this mean for you.  Well if you have been looking at moving up in the Real Estate Market but kept finding that home prices were just out of your reach, this lower rate could allow you to "afford" that purchase.  it looks like we are going to have another steady year of the market.

If you are contemplating a move, "CALLPAUL" to discuss your options.

Your input and response is alsways welcomed.

Paul Cutajar