A Good Time to Buy or A Good Time to Wait?

A lot of people are trying to time the market in Real Estate just like some try to time the markets on the TSX or New York Stock Exchange.

Whether you live in Calgary or Cochrane Alberta or somewhere in between, timing the market can be a dangerous and costly strategy.

The local real estate market has been telling us for some months now that the bottom has past. In other words homes are slowly going up in price and/or levelling back out some months dependant on price range and location.

My advice to our Clients right now; If you are ready to Buy then BUY NOW. The interest rates are holding low - they are almost giving money away! We have never in our lives seen money this affordable so its likely a good tme for a mortgage too! In fact youll likely save tens of thousands over a few short years ago.

As far as home prices go; well they are still affordable and they are poised to climb again. The economy is starting to pick up and indicators are that we potentially are coming out of the recession. The other day I heard that the indicators in the USA are starting to show the same thing. If thats true it wil boost us even further into recovery. What does all this mean?

Well if consumers get comfortable with spending that too will drive the economy and then interest rates will climb. Its always the "Teeter Totter" effect. No spending; low rates! High spending = higher rates!

So its a good time to invest now whether its your firts home or a move up type of home the market is all relative and the indicators are lining up to be a well balanced market right now this very month!

So for those of you that are waiting for the bottom of the market - I think its too late her in the greater Calgary area.

We can offer you a Team of Realtors for the same price as just one Realtor. Do your self a favor before you sell or buy and take the time to at least let us show you what we have. We have a lot in our arsenal that you wont find any where else. Call and meet with us and we will show you.

PS: We never apply pressure, no hassles or obligation, Just the FACTS!

Jim Messner
Jim Messner & Associates
CIR
CALGARY INDEPENDANT REALTY
Email: Homes@Telus.net
Phone Direct: (403)681-3848
Web: www.JimMessnerHomes.com