Gloomy headlines make news, despite the big picture. While it's a very good idea to be a cautious buyer today, too many have been confused and scared into the sidelines -- or now just regaining some confidence and dipping their toe back in to the real estate market. As a result, many have let tremendous deals pass them by. To those not sure fnow is the time to buy, know this -- there is no crystl ball, only blaring historical signs that say the time is right, right now!
"The truth is, the winner today ARE NOT the spec buyers. The winners wll be those in for the long-term. They don't sell in panic, they don't buy in haste. The winners will be those who know when lending money is at an all-time low, when inventory is remarkably high, and how to spot a good buy. Well-informed buyers know there are cycles and they know how to ride them," advises Elaine Mallon, Broker Associate with Coldwell Banker.
Elaine continues, "Those with the most advantage now in real estate are buyers who don't try to 'predict the market.' They are smart enough to know it can't be done. The truth is we won't know when we've really hit bottom until prices start to rise again -- probably along with interest rates -- and by then it's too late."
"The winners today are reading the now, not trying to predict the future. The buyers who come in pre-qualified, armed with a successful Buyers Agent who can spot and negotiate a great buy, who knows which property is priced right and which property is priced to sit, these are the ones that will do very well."
Elaine Mallon is a licensed Real Estate Broker, member of Coldwell Banker's prestigious International President's ELITE (Top 2% of Agents Nationwide) and a Certified Negotiator. Additionally, the is a Board Certified Palos Verdes Area Specialist, a certified Relocation Specialist, a top national award-winning Public Relations & Marketing veteran, and a regular expert contributor to the Daily Breeze and Peninsula News' Home Guide sections.
For superior counsel with all you HOME BUYING & SELLING needs, please contact Elaine today at (310) 544-8453 or on the web at www.CaliforniaMoves.com/Elaine.Mallon or at her official HouseValues/Just Listed website at www.HomePages.com/ElaineMallon. She looks forward to hlping you find a wonderful house to call home!
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