Blog To You!

It's time to go for it!  The stars have aligned and real estate buyers have a prime market to make the purchase of a lifetime.  The circumstances couldn't be better to buy a primary, second, or investment property. Interest rates are so low it's unbelievable and so are home prices!  Unfortunately the homes in foreclosure are really taking a toll on those other sellers that are not in jeopardy but just want to move.  Those sellers are having to compete with some pretty low prices in order to move on.  While they may not drop to that level, they are certainly aware of the reality of living down the street from a foreclosure.  Sellers that offer a lower price will hopefully make it up on the other end when they buy their next home.  If you've got decent credit and a little in the bank, check with your lender to determine how much you qualify for then call your favorite Realtor®!  Start your search online at http://www.jenkelly.com/SearchValleyHomes.  Happy Hunting!

Let's look at some good things in the marketplace for a change. 

1. There are so many choices in housing! The marketplace in almost every city in America has inventory surplus for single family homes, condos, townhomes, and apartments.
2. Housing is becoming more affordable.  With all of the inventory, sellers are dropping prices and are more flexible in looking at offers that come their way. Even though sellers are dropping prices, they too will have more opportunity and make it up on their next purchase when they get the deal of a lifetime!
3. Interest rates continue to be low.  Now is the time to buy, refinance or invest. There is even rumor (in the media) that rates may be dropping but that is on the horizon and not a fact at this point.
4. There is money to lend. Yes the qualification process is more stringent but if you have a good credit score at or above the 700's, and money to put down, then go for it! 
5. People are still working.  Despite all of the horrible news, over 90% of the country's employed people, are still employed!  They are getting regular paychecks and many have the means to continue their current lifestyle.
6. Higher priced homes are selling.  While the economy has touched the lives of people at every economic level, higher priced homes do continue to sell.  It may take a little longer than it did a few years ago but there are buyers at this level waiting for your home!

Let's all start a mind-shift and look at the positive things going on in real estate and in every industry.  Our country will bounce back!

Life is difficult right now for many people and we should all continue to do our part to help those in desperate situations.  Many charities are looking for additional support and some non-profits have set up emergency funds to help those in their immediate circles.  If you are fortunate enough to have a little extra, please reach out and support a fellow-American.