If This Is Your Time - It's A Great Time!

We've all heard how terrible the real estate market is - don't buy now, better wait. Wait for what and how long? I don't disagree, for some it may be the best option and we are happy to help you navigate that decision making process. So, please give us a call and let's chat.

But, if this is your time - it is a great time and you shouldn't wait. If you are comfortable in your job and you have good and adequate credit - this is an opportunity and it's not going to last. Interest rates are still at historical lows and decreased home values can make this an opportune time to buy or make a move. It's like the Big Apple sale at Foley's.

I know you are thinking, "but I've lost value in my home - I can't afford to sell it". Hmmm, or could that be, I can't afford not to sell it? If you are using this opportunity to sell your home and make a move, it's likely that the home you are purchasing, also affected by the market, will be making a price adjustment. So, if you are buying a home at a discount, then your real loss is the difference between what you lost on your home and what you saved on the purchase. Right? Also, when we begin seeing that appreciation again and I think it's coming soon, you will have gained more appreciation on the more expensive home.

As reported in Saturday's business section of the Rocky Mountain News, Lawrence Yun, chief economist for the REALTORS, said there are some glimmers of hope that the bottom may be near. California has experienced a sales turn around and it was beginning to spread to other regions, including Colorado, Kansas, Minnesota, Missouri, and Rhode Island.