Holy Cow! Rates went down, down, down yesterday. One local lender was quoting 5.375% on a 30yr conventional fixed with 0% origination. It doesn't get much better than that. If you have been looking and thinking of buying a home now is a great time. Don't let the media pursuade you. My suggestion is that we turn the tv, radio and other news outlets off and focus on Thanksgiving. And...there is much to be thankful for. Good health, family, friends, jobs, homes, and the list goes on. Emerald Dunes Real Estate and it's agents wish you and your family a Happy and Healthy Thanksgiving!
What's happening is that the market is correcting itself. Who is it that said what goes up, must come down? Well, we experienced a boom in our local markets like none we had ever seen before. Now we must pay the price. It is unnatural to think that we could continue on the path of skyrocketing returns on our real estate investments. The good news is that if you are a buyer, today is your lucky day. So turn the tv, radio and the endless news sources off and make your own choices. Don't be afraid to buy a home if you are in need of one. The benefits of today's market are yours, and everyone knows that will soon change.
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