Wednesday is the peak of the week and it is my intention to post topics of interest for the week past or take a peek at where we are headed.
Today’s Interest Rate is 4.5%; FHA Down Payment is 3.5%. Federal Gov’t will give you $8,000 as a first time buyer or $6,500 for a repeat buyer and the inventory of homes on the market – at any price range is at an all time high!
What are people waiting for? More foreclosures? More short sales? Prices to drop further? Don’t have the down payment? Can’t make a decision to buy or sell a home?
As someone that has experienced four recessions – two of which as an executive for large builder-developers, the real estate climate to buy WILL NOT get any better. Jumping on the real estate band wagon now to gain appreciation in your home in future years makes sense. The fears of what may happen in the future should not be our motto.
Invest in others! Contact me today and I will be more than glad to assist you with your real estate questions, concerns, issues, etc. No obligation and no cost. Use my 35 years of real estate experience to your advantage. Post your thoughts. If not now – when?
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