SOMEONE WANTS TO TELL YOU THE REAL STORY ABOUT THE REAL ESTATE MARKET ON 3/29/08
BIG QUESTION: Would you rather be selling your real estate today or buying it?
When the media was hyping on the rising market values of homes in 2005 the market was already heading a downward spiral in sales. Now the media is focused on telling a terrible tale of how now is not the time to buy and the mortgage meltdown is sending prices in a further depressed real estate market.
This is your time to chuckle about what the news media is feeding to the general public about the house market since they are behind the 8-Ball again. Yes, better opportunities seem to be available everyday now that many homes are in or heading for foreclosure at this very moment in time. The market has been plagued with an abundance of non moving inventory with a pure lack of willing buyers for the past year and a half or so. With this said, smart buyers and investors who see this tremendous opportunity are the ones already making purchasing decisions today by buying properties which are being sacrificed for as little as 40 cents on the dollar the same home was selling for just 2 years ago. No, your not going to "flip that house" the next day for a unrealistic quick buck, but holding for the future will produce a nest egg you will certainly smile big about. It's where the financially better folks get financially better and the others stay or even get financially worse. As the inventory is reduced and the more investors begin competing for the bargains, they won't be bargains anymore. The moral of this story is the biggest bargains are happening at this very moment and hind site should be the story you hear from neighbor and not yourself.
I help people make smart decisions.
- Scott Barrett - Licensed Real Estate Broker Associate (Florida Luxury Realty) - Tampa Florida
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