4th of July

By
Real Estate Agent with Sinmar Realty

Well, I'm actually posting this on the 3rd, but happy Independence Day! It has been a busy summer and I haven't kept the blog up to date as often as I'd like.

A couple of news headlines have really caught my attention recently. "First Time Home Buyers key to Housing Market Rebound" and "Vulture Real Estate Investors Swoop In". I've seen several first time buyers in the last couple of months, which has really encouraged me. Now that investors are starting to buy up bargains it's only a matter of time before the market turns around.

I guess that's what everyone wants - a turn-around in the market. I've been very excited to see prices so low however. The combination of these rock bottom prices, coupled with low interest rates and some great FHA programs makes this the perfect market for first time buyers. Hopefully the "turn-around" in the housing market will be a long, slow and prosperous one. I'd like to see as many people as possible realize the dream of home ownership before prices and/or interest rates climb too high again.

Well, I have some leads to follow up with, and lots more to get done today, so I'm wrapping this post up here real quick. Enjoy the holiday, and enjoy a very unique real estate market while it lasts!

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Todd Smith

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