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Real Estate Market Today
March 19th, 2008 7:12 AM

Hi all

We are half way through March already and Easter is right around the corner.  We hope all of you have a safe and family oriented holiday.  Just wanted to give you a quick update on the market.  Well, we feel that things are stablizing a bit now and more buyers are out there searching for homes.  Interest rates are very appealing and there is lots of inventory to pick from.  However, most buyers are looking for deals and there are many of those.  Just be patient and you might be able to buy with 20K to 30K in instant equity at closing.  Most of these kind of purchases could be acquired through short sales where banks are taking a discount to let the homeowner sell the house.  That's where the patient buyer steps in and gets a great deal in this market.  If you don't know what a short sale is, please click on the short sale tab on the left, which explains it in more detail.  Also, we have many of these types of short sales right now that we are working on and they are called pre-foreclosures.  You can also click on the Pre-foreclosure tab on the left and all of the listings will be displayed.  So don't be afraid of the market, it's a great time to buy right now so go out there and hit the streets.

 


Posted by Radoslaw Zimnoch on March 19th, 2008 7:12 AMPost a Comment (0)

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