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Market Conditions, Reality Check

By
Real Estate Agent with Coldwell Banker Residential, Prescott AZ.

Reality is often not visible for all the news hype and negative stories, but Reality is often hidden under all that media hype.  

You can rely on your professional realtor to know what is going on in your market so it is the Goal of Team Stanley to give you the real story about real estate, regardless of the news media hype,  you should know that while the inventory of homes for sale has been very high in Ellis County Texas, for the last 3 months the inventory of homes for sale has been dropping.  While  the news media indicates everyone is  holding back to buy or sell, the truth is homes are selling at a high rate especially the last two weeks.  Homes that are value priced have attracted many Smart buyer! Why would this be?

The stock market is falling, gas prices are up, it is an election year, American Airlines is laying off, GM is laying off, Indymac Bank in California closed it doors, other banks may be trouble,  so why is it not a time to hide your money and sit tight?    

Here is why you should be investing in Real Estate!  The stock market is paper, Real Estate is real.  You can touch it, feel it, use it and fact is, over the years it has been the best and safest place to invest in America.  In fact to most Americans, their home is the single most important investment they have and will always have a value, and over the years it has gone up.   

Interest rates are at a all time low, last week  a home builder came in to see me and he was offering a 2000 plus square foot new home for $146,577  with 5.75% interest, 30 year fixed rate, FHA payments for $1300 per month, plus taxes and insurance.  The builder would pay all closing cost, use Nehemiah gift for down payment, and so this is a true zero move in!  This is less than a lot of people are paying for rent and not getting the tax benefits. When I went to show the home later it already had a contract!   What are people waiting for, the market has never been better to buy, call Pete or Mary and get your investment for the future started in the safest  place available today.  

Pete 972-921-2047 Mary 972-935-3991      

Team Stanley

Pete and Mary

Show All Comments Sort:
Patricia Fisher
Keller Williams Realty - Spartanburg, SC

Welcome to the Active Rain Community!  This is a great site to network, learn, and share ideas with others.  Have a great day!

Aug 16, 2008 12:22 AM
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

Aug 16, 2008 12:30 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Pete and Mary - Welcome to Active Rain and congrats on your first post.  Be sure to spend some time looking around at what and how others are blogging here.  It is a great education and lots of fun.  Looks like you're off to a great start...keep it up!

Aug 16, 2008 03:25 AM
William E. Lewis, Jr.
William E. Lewis, Jr. & Associates - Vero Beach, FL
Bill Lewis - Vero Beach, Florida

With 104,258 plus members, welcome to the Active Rain network.  I hope you enjoy your stay!  Should you ever have any questions as they relate to bad credit, credit repair, identity theft, or credit restoration, please do not hesitate to contact me at (954) 581-5050.

Aug 16, 2008 07:56 AM
Lori Franks
Real Estate Consultant - Brookings, OR
Brookings, Oregon

Hello Pete and Mary! Welcome to ActiveRain. This is a wonderful place to share, learn and network. Have fun and happy blogging!

Aug 16, 2008 08:01 AM
Susan McQuaide
Keller Williams - Simpsonville, SC

Welcome to Active Rain! I hope you find this site as informational and entertaining as I have!

Aug 16, 2008 12:49 PM
Paul Howard
Cherry Hill, NJ
Paul Howard Realty, 856-488-8444

Welcome to Active Rain!  It is a great place to learn and teach.

good luck

Aug 16, 2008 01:46 PM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Pete & Mary,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

Aug 16, 2008 03:55 PM
Ted Mackel
Keller Williams Realty Simi Valley - Simi Valley, CA
Simi Valley Real Estate Agent

Welcome to ActiveRain. Congratulations on your first post. Get around and check out the community, you'll quickly figure out how to supercharge your blogging skills. 

 Read this blog post: http://www.activerain.com/blogsview/535552/Three-Mistakes-Newbies-to

Aug 18, 2008 08:18 AM
Starstate Realty
Starstate Realty - Austin, TX

Hi Pete & Mary  -  Welcome to ActiveRain. I look forward to networking with you and reading your future post. Have a great day!!!

Jan 11, 2009 05:33 PM