May
12
Buyers Market?
Posted by BethAnn Long under For Buyers, For Realty Professionals, General Information
Very interesting.
You would think with all of the inventory, and good interest rates rates, buyers would be buying more real estate!
I think some people are waiting for the bottom. When do you know prices are at their lowest? Easy- the answer is…when they start rising again! I think some folks could be in for an unpleasant suprise.
Ask yourself as a buyer…, are you comfortable buying in a rising market? Wouldn’t you be better off to deal with the known rather than the unknown?
We only are privvy to the information we have at the present moment.The present moment suggests NOW could very well be a better time to buy then, say 6 months from now. We don’t know for sure or have a crystal ball, but wether or not you are concerned about prices in the short run or long run is a good question to ask yourself.
BethAnn Long ~ Realtor
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COMMENTS (1)
Beth Anne, great points. As a real estate professional it can be a bit frustrating to have this knowledge and see that the consuming public either doesn't understand that today is the time to buy or they just can't buy for whatever reason. So, here's how I propose we solve this problem: real estate pros should buy everything they can today while prices are at their lowest and sell to their customers when the customer feels comfortable about buying, i.e. when prices head up! Just because consumers can't see the light doesn't mean you shouldn't be able to benefit from this great Buyer's market, right? May 17, 2008 at 1:34 pm