What has been for years, an ideal buyer’s market, is rapidly becoming a seller’s market that could sink buyer’s plans to purchase their dream home. When you consider the profound change in conditions, it’s easy to appreciate that it’s going to be rough seas ahead for buyers that delay purchasing. Consider the following: The lowest […]
A Mansion to a Mobile Home
Buy Now and Get a Free Swimming Pool
The days of summer are flying by. The number of homes for sale are continuing to drop. Ben Bernanke keeps befuddling the market and interest rates continue to march higher. Welcome to the dog days of summer. Boy how refreshing it would be to just lay by the pool, sip a daiquiri and relax. Now, […]
Buyer Considerations: When Will You Be Purchasing Your New Home?
It’s a Seller’s Market, Listings Don’t Get Stale
For the past six or seven years, there has been a big concern on the part of both home sellers and their agents that if a home was on the market for too long a period, it would get stale. This led many buyers that were interested in a property to wonder why so many […]
Buyer Considerations- Rent or Buy? That’s a No Brainer
Buyer Considerations: When Will you be Purchasing Your New Home?
Buyer Considerations: Waiting is Devastating
Buyer Closes – Housing Affordability Never Better (Joe’s Buyer Top Choices)
The National Association of Realtors has been tracking housing affordability for over 20 years. They consider three criteria in their affordability assessment: Income of the average American, the average price of a home in the U.S., the average 30-year fixed mortgage interest rate. As you can see from the chart below, the affordability for the […]
Buyer Consideration: It’s Okay Too Much
There has been a huge Paradigm shift in the real estate market. After years of home buyers sitting in the driver’s seat, calling all the shots regarding price and terms of negotiations, the advantage has officially shifted to home sellers. For many months now, there has been ample evidence that the best buyer’s market in […]