2009 and 2010 was such a nightmare of multiple offers. Trying to get my buyers into properties, before another agents', particularly when we were looking at the under 400 range.
The tax credit was extended, and then extended again. Buyers wanted to buy because home prices were more reasonable than they had been in a very long time. Interest rates were being called an 'all-time' low.
But, now, as interest rates are even lower, the tax credits have gone 'bye-bye', and the typical slow-down holiday season is upon us.....guess what? We are seeing price reductions. We are seeing properties sit on the MLS longer again. We are seeing some aggressive strategies to get homes sold.
And, my buyers are happy!
And, that makes me happier too...
Because, getting people in and out of homes is what we do.
So, if you've been wondering if now is a time to buy? Yes It Is !!!! But, plan on staying in it for a while. Don't consider flipping right now. Just a great time to buy a home. With a little Short-Sale magic, and some patience on your part, and a Traditional or REO seller that doesn't want to hold the property to 2011? Now is when real buyers come out. Now is when the real sellers sell.
What are you?
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