Down the road. More storm clouds or a light at the end of the tunnel?

Real Estate Broker/Owner with Paul Howard, Broker, Paul Howard Realty 856-488-8444 8639604

I've heard the verdict of so many who gaze into their crystal ball I'm about ready to tune it all out.  Are we near the 'bottom'? Should I buy now? Should I wait a year? Two years?   I wish I knew any of the answers but I don't know.


storm clouds?

There, I've said it. I don't know.  The reason I don't know is not because I don't have a crystal ball - though I don't.  The reason is because the answer depends on your reason for buying.  It depends on your current financial situation and it depends on whether or not you have to sell a house first. (If you do  and waiting is a serious option - I'd wait.)


If I were renting right now and buying was an option I'd buy in a heartbeat.  If I were an investor and wanting to flip houses - I'd wait. If I were an investor and wanted to add to or start an inventory of rental houses for the rental income I'd seek out all the numerous deals I could get my hands on.  


A lot of folks currently renting think the mortgage market is to tough that they would not be able to get a mortgage.  In fact, most renters would qualify for a mortgage.  If they get an FHA loan and seller assistance, that is virtually ALWAYS available, all they need in most cases is a downpayment of 3.5% of the purchase price to get into a home.  Mortgage rates are at or near historic lows. With that, and marked down prices on homes, going from renting to buying is easier than it has been for years.

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For those who have a real desire to own a home , have good credit and want help with the search, the process and especially negotiating the purchase, I'm available. My speciality is discovering financing options and negotiating purchase price and terms as an advocate for home buyers. Each home of interest requires analysis.

My primary service area is Camden, Burlington, and Gloucester counties in Southern New Jersey.

Paul Howard, Broker Realty

Cherry Hill Nj 08002


MEMBER: NAEBA (National Association of Exclusive Buyer Agents )

I'm worth every penny I get in compensation and buyers that have used me know it. They are entitled to have high expectations. I am not aware of even one of my prior buyer/clients that is in danger of losing their home. The vast majority purchased at a price UNDER its appraised value - even in the boom market times.

Either I have smarter than average buyers or I am a smarter than average broker - or both. Either way, I help home buyers get more for less.
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Paul Howard, Broker Realty

80 Barclay Center Suite 4A

Cherry Hill NJ 08034



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Paul Howard

Paul Howard Realty, 856-488-8444
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