“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Investors , short sales , buyers and sellers.

It's 2012. What are you waiting for?

Interest rates are so low , it's hard to imagine---I guess I've been around a while and remember the past real estate cycles. When is a better time to purchase and rent--the rent will pay for your monthly payments and more. Home prices are stabilizing after 4 years of dropping. There's such a high inventory--what a buyer's market--you can pick La creme de la creme. When there wasn't much of an inventory then you didn't have much choice.

I hear predictors say that 25% of home buyers this year will be investors.

Sellers, if you have to sell due to relocating or other reasons then it's a good time to put your home up for sale now.

Why wait a few more months to have even more competition---many sellers wait until the Spring to list their homes.

I say list it now---and price it so it will sell. Don't price it too high and slowly lower your price. Get a realtor(like me!) to go over comps and tell you the reality of where you should price your home.

Investors and buyers: besides a great inventory there will be many short sales. I'm your short sale man for sellers and buyers this year. Preforeclosure properties will make up a huge amount of sales. Unfortunately, with this economy and sellers who bought at the wrong time and must sell, there are great opportunities out there that won't exist in the future.

Any smart investor will say " buy low and sell high". Well, what are you waiting for?

Posted Sunday Jan 15