Buy Low, Sell High - The Real Estate Strategy

By
Real Estate Agent with Keller Williams Realty

Extremely low interest rates and reduced sales prices allow today's Buyers a rare opportunity. The "Sub-Prime" mortgage blunder has produced high foreclosure rates, contributing a temporarily slow housing market. While no one likes to hear the bad news, it may mean good news for the savvy consumer. In order to bolster the economy, the Fed has been forced to cut interest rates despite inflation concerns, while Sellers and Builders must keep prices in check due to the simple law of supply and demand. Typically, low interest rates will fuel an increase in price due to affordability, but the huge selection of quality homes and the loss of up to 30% of Buyers, previously regarded as the "sub-prime" category, could give today's Buyer the best of both worlds. Rates are at 30 year lows and are expected to continue to fall throughout the spring buying season. But it may be a good idea to make a move before the housing market rebounds. Once the housing market appears to be salvaged, rates will rise to combat continued inflation in every other market sector. Taking advantage of real estate while rates are low seems like a great idea! So whether you need more room for your Family, are looking to buy your first home, or  have the desire to upgrade your lifestyle, low rates and low monthly payments make for an easy decision to own a new home. Now is the time to take advantage of what could be the best valued market in years!

http://www.llahomes.com/

 

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Rainmaker
17,317
Mary Aguilar
David Lyng Real Estate - Monterey, CA
I agree!  We are finally starting to see multiple offers again when homes are priced right.
Feb 19, 2008 01:07 PM #1
Ambassador
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Brian Schulman
Coldwell Banker Residential Brokerage, Lancaster PA - Lancaster, PA
Lancaster County PA RealEstate Expert 717-951-5552
Ironically, when a home is priced competitively, or even below market, it often ends up with multiple bids, taking it up higher than it would have been with a higher list price.
Feb 19, 2008 01:09 PM #2
Rainer
3,763
Lisa Lanier Allen
Keller Williams Realty - Allen, TX
Indeed! This is a difficult but important strategy to teach our beleaguered Sellers!
Feb 19, 2008 01:17 PM #3
Rainmaker
850,173
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Feb 19, 2008 02:43 PM #4
Rainmaker
252,843
Benjamin Clark
Homebuyer Representation, Inc. - Salt Lake City, UT
Buyer's Agent - Certified Negotiation Expert
Lisa, Welcome to Active Rain! For some tips on how to get started here, check out my blog entry at ActiveRain Fast-Start Tips for Quick and Easy Points

 

Happy blogging and good luck!

Feb 19, 2008 05:00 PM #5
Ambassador
801,669
Brad Andersohn
Executive Director of Education at eXp Realty - Fairfield, CA
ActiveBrad - 707.646.1876

Hi Lisa, 

I see this is your first post on Active Rain.  Congratulations!!  I just wanted to welcome you to a fantastic Real Estate Industry Network!  Welcome aboard, I hope you'll continue to Blog, and invite others.  

I’ve added a link to a post called, “NEW MEMBERS – Start Here” that will hopefully get you up and running with the least amount of effort, and also help you to navigate around Active Rain more efficiently.

I hope you'll find this to be a useful post in helping you get started. 

Again, welcome to Active Rain, the best place to start, and have a Blogging experience!

Good Luck to you and your business!  B-)

 

Feb 20, 2008 12:38 AM #6
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Rainer
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Lisa Lanier Allen

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