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

The Perfect Storm

THE PERFECT STORM

The Best Buyer's Market in 20 Years

September 22, 2008

Right now and for the next 2 to 3 weeks we will be in THE MOST PERFECT BUYERS MARKET IN OVER 20 YEARS. Why?

1) Interest rates are at nearly an all time low with rates between 5.5 and 5.75%.

2) Inventory is high.

3) Uncertainty in the economy and the upcoming presidential election are influencing some sellers to make quick and irrational decisions.

4) Winter and the holidays are right around the corner and sellers want to sell before then.

5) Sellers are more motivated than ever to sell because frankly they are "scared" at what is going to happen in the next few months.

What do all these things add up to?

THE PERFECT STORM

If you are in a position to buy real estate right now, DO IT! The bottom is here and this window won't be open for long.

Visit www.KnoxvilleReal-Estate.com to get started

Posted Monday Sep 22