The glass is half-full: The upside of a down market.

By
Real Estate Agent with The Cascade Team

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.

Thumbnail for version as of 15:08, 19 August 2006

  • 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

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Rainmaker
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BethAnn Long
RE/MAX Inland Empire - Spokane, WA
Realtor, CRS, e-PRO, Spokane Wa Real Estate

So true. With intrest rates low, we could be looking at an ideal buyers market. I think many are waiting...but they may end up waiting too long...

Feb 12, 2009 11:49 AM #1
Rainmaker
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Corey & Erika Kahler
The Cascade Team - Kirkland, WA

Thanks Beth!  I can't tell you how much I appreciate you!

Mar 08, 2009 10:53 AM #2
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Rainmaker
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Corey & Erika Kahler

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