Can you believe some buyers are afraid to step forward to purchase. Yes, the buyer's credit went away and they should be thankful! Since the buyer's credit went away the interest rates have dropped to post war rates. Most of us will not see these rates again in our lifetime! The buyers are saving more than $8,000 with the lower rates in the term of their loan. There is more inventory to choose from in Southern California specfically Orange County. Seller are motivated and want to move. We are in a buyer's market. Anyone who does not buy today will say tomorrow "why wish I knew now what I knew then" in a few years. Millionaires will be made in this market today. Real estate had a setback, yes. But it is only a setup for a comeback! Now is the time to buy.
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