maurice cohn

No matter what anyone says, I think this is the best time to buy a home. Here is the reasons why I advocate, NOW IS THE TIME. For one thing the inventory is high and plenty to choose from, the rates are low and they won't stay this way for ever, but the most convincing fact is that no matter how hard the Feds are trying to curb inflation, it is coming. With today's reduced prices and near all time low rates, in a few years from now, most people will look back at these times and say, "Darn, I should have bought". If you think what $1,000.00 was 10 years ago and what it is today, you can get a pretty clear picture what inflation means. You will be able to pay for today's purchase with very cheap dollars in the near future. Do not look at the home purchase just as an investment, keep in mind that it is a roof over your head and a place to call home, raise the family and make some priceless memories. Stocks are great, but hard to put the certificates over your head in the rain.

"Hold fast to the dreams, for if dreams die, life is a broken winged bird that cannot fly" Author Langston Hughes.

Since the government takeover of Fannie and Freddie there has been a dramatic rate improvement in the interest rates. This element of the real estate climate should dramatically improve our chances of moving more property. Who would have though that we would be looking at 5.50% on a 30 yr fixed rate loan. But here we are. Anyone thinking of getting of the fence this is the prefect time to start shopping and locking in a great rate. What could be better, a bargain basement price on a home and a great rate??

So, forge on and do not give up hope cause I think that we turned a major corner in the market.