Archive for March, 2008

All Real Estate is LOCAL — Pleasantly Surprising Findings

Dear Friends, 

After hours and hours painstakingly digging through the vast housing data, now I confidently and proudly present the following report to you—-It may surprise you that our local Real Estate market is healthier than you hear and read in the media, which usually makes reports without an in-depth understanding of the topics. 

Maybe you still have doubts on your mind about the economy and housing market, and you might ask and wonder:“Why would some “fools” want to sell and buy in this changing market?” 

Here are my analyses and compliment to these actually smart homeowners and house shoppers: 

  • Psychologically: They demonstrate they can WIN in any weather and any market condition.
  • Financially: It will even out—–the “loss” on the sale will be more than “gain” back on purchasing.
  • Physically:  This price decline actually represents an excellent opportunity to consider trading up to the home you have been dreaming of.
  • Tax Benefits: The tax write-off on the new loan’s interest is much greater than that of the old loan. 

What does that mean to you? ——-Take Action Now——

  • while the prices and interest rates both are low to ensure your low monthly payment
  • while sellers are willing to provide buyers with thousands in closing costs
  • while there are plenty of great looking houses with new flooring, new kitchens and baths?

Or  wait  until the prices start up, the seller subsidy is gone, and the monthly payment inflates because of higher interest rates? 

Ask yourself:  where do I want to be in Real Estate market in 2008? Acting or waiting?  

 

Leave a Comment