Is this the bottom of the market?
How much longer to the bottom of the market?
Did we just past the bottom of the market?
Are we there yet, are we there yet?
Anyone with kids knows how that conversation goes!
There is a lot of uncertainty in the market right now, and seemingly as many opinions than actual facts to work with. The opinion that " Nothin's sellin' " translated into more than 538,000 homes and condos sold last year in California (DQ news) and almost every one of those sales required getting a loan! The reality? There IS money to borrow out there, and not everyone is sitting on the sidelines. Those are facts!
Some people waiting to be told "the bottom is here" will find themselves in competition with others who also waited before acting. Today’s buyers who are buying homes NOW, already on the market and without competition from the frenzy of the "what's open this Sunday" crowd are working closely with their realtors, not just at home surfing. Are you ready to buy your bargain home?
Consider this: buying after the bottom, on the upside of climbing prices may save money over 2006 prices, but will you be heartbroken to spend more money after the anxiety of waiting for "the perfect time" to jump in and then fighting for a home? Or would you rather just find a great deal now.
The one investment strategy that every kid in America knows is "Buy Low, Sell High", but no one told us how low is low enough, did they? So are we there yet? If you want to buy a home, and if you still haven't decided that prices this low aren't low enough yet, you at least know you should be actively LOOKING. With the help of a Realtor. And preferably me, of course!
Call or email me today and I'll help you get started. I can help you look at all the homes you want for as long as you need to, and when you are ready, help you buy the home of your dreams. Are we there yet? Yes, I think we're there.