It is tough to help that first time homebuyer!

By
Real Estate Agent with Todays Realty & Loan Solutions - One Stop and You Are Home

Hi I know I am not the only Realtor in the area that is having the same problem.   If you are working with that first time home buyer or the move down buyer it is really hard to get them a home!  It seems that all the investors are out with lots of cash and are buying everything up.  The homes that are left are not what the buyer can afford!

 

Don't get me wrong I love the real estate activity I am thankful for it but not sure where to go from here?  If the home buyer can't buy then they are forced to rent from the investors and they prices go up and will my clients be able to be a home owner again.

 

I am doing my best to be on top of this situation but not having a lot of luck.  I would appreciate any insight from the public or fellow Realtor.

 

I am in the Palm Desert, CA. area which is so lovely and we have plenty of people who want to live here but they are having trouble in the lower price range.

 

I work at a great office we do Real Estate and Loans so if you are looking to buy, sell, lease and or do financing this is your final stop we are a one stop shop.

 

WWW.lendingandhome.com

Comments (1)

Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Russell - I am running into the same problem in the Riverside area. Lots of buyers and not enough inventory. Cash buyers and hedge fund buyers are snatching all the quality homes. What I tell myself everyday is it is a brand new day and try harder than you did yesterday...something will turn up.

Feb 28, 2013 02:36 AM

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