Linda Kenney

Everyone knows it's a buyers market, not an easy market, but if your qualified and have money for a down payment it's a great market. Once again, a local news station has their real estate expert telling buyers that they are in a very risky situation right now. Homes are now more affordable and the buyers can ask for closing assistance. Some sellers are willing to pay all the closing costs. It's a good time to buy. It would only be risky if you attempted to purchase a home out of your affordable range. Call your local agent and start looking this weekend!

Just heard over the radio, local station, that the market is starting to pick up in Montgomery County. I think the lower interest rates will make an even better impact. This is good news since it's coming from the local media, should help boost sales.

My past experience has shown that when the interest rates go down, the prices tend to rise. As did, during this last real estate boom. I may have misunderstood, but this morning, on the morning news I overhead a so called, expert real estate agent state that the lower rates will help bring down the prices. Now keep in mind I had my hands full, was feeding the dogs, the guinea pig and of course my husband when I over heard her comment...did I hear her right? In my professional opinion the lower rates will help stablize the market, but will not bring down the prices. The prices are coming down because of oversupply and the state of the economy which is a whole other subject to tackle.