With all of the bad news in the economy, and gloom and doom surrounding the real estate market, it's important to point out the great news. Here are some examples of the silver-lining:
- The Seatle Area has been one of the toughest markets for first-time home-buyers for a long time. But with prices low, interest rates low, and and so many houses and condos to choose from, market newbies are finding that they are well-positioned to jump into the market.
- Additionally, investor clients have a golden opportunity to make income-producing real estate investments.
- High-end homes are selling at bargain prices. So, those with equity in their homes may find that this is the perfect time to "trade-up."
- For clients moving to the Seattle-Area from other markets, it has always been tough to find homes like the ones they were used to in their hometown. They often end up renting. Now ,some of those renters are realizing they can now afford to get into the market!
Now is an excellent time for those who can, to buy! There are so many great deals out there! Jump in!
Happy Bargain Hunting!
Corey and Erika Kahler