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Current Market Condtions

By
Real Estate Agent with Century 21 Avantage / Team L'Italien BA910877

I am finding that today's market is more of a "normal" market. A few years ago just about anyone could walk into a mortgage company and get a home loan with little to no money down and marginal credit. Today with the foreclosures of those loans and adjustable rate mortgages, there has been some tightening of the reins as far as getting a home loan. However, it is still possible to receive a home loan with a great rate with little to no money down. If you are thinking of buying in today's market, I would not hesitate to sit with a mortgage broker and a realtor like myself and see what your options are. It is a great time to buy and there is nothing to be afraid of! Give me a call for a free consultation today!

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Anonymous
Paul McKee

Isn't that the truth, so where are the buyers?  Sitting in today's above market value priced homes waiting for some other buyer to over pay so they can move on?  With the inventory levels where they are and rates still low, the real question is what are they waiting for, less homes to select from and higher interest rates?

Nov 23, 2008 02:12 AM
#1
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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