The Truth about today's Market.(that nobody is talking about)
It is easy to understand why you might lack confidence in buying or selling a home in today's economic climate, especially if you started your day reading the newspaper headlines and end it with the evening news. Bad news can deepen our fears and concerns about the economy. That news however is changing a bit. Take a look at some of the most recent news headlines:
http://www.thebostonchannel.com/news/20063753/detail.html
http://www.reuters.com/article/GCA-Economy/idUSTRE56E4WT20090715
One thing you need to remember is that the media like to be dramatic and it selectively reports negative/sensational news to pull in an audience(and advertisers.)
There has been a plethora of reports about foreclosure records and here are the facts.
During a recession, those that work hard and focus on taking action will most likely come out ahead when things turn around. Instead of internalizing the negativity the headlines can cause, choose to be optimistic and focus on the opportunities around you.
The good news is that you have the choice to see yourself as a victim or as a fighter.
Are there people buying and selling homes today? Yes, Here are the local homes sold in the last 90 days.
- Sammamish – 144 homes and condos sold.
- Issaquah – 221 homes and condos sold
- Redmond – 276 homes and condos sold
- Kirkland – 262 homes and condos sold
- Bellevue – 333 homes and condos sold
Here is how buyers can win in today's market.
- First-time buyers: HOMES ARE AFFORDABLE-If you've been dreaming about owning your own backyard, then now is a great time to purchase your first home. Not only are your choices abundant, but interest rates are at a historic low. In addition , the recently passes Economic Stimulus Bill of 2009 provides for a tax credit for as much as 10% of the primary residence purchase- up to $8000! And because you don't have a home to sell, you are in a prime position to leverage this incredible opportunity.
- Move-up buyer: SELECTION IS GREAT- Now is definitely the time to buy the home you've always wanted. With inventory levels at an all-time high, you will have plenty of choices to ensure you get everything on your checklist!
- Investor: YOUR BUYING POWER IS UP- Prices ave adjusted on average 12% across the country. That means this is a prime opportunity for you to purchase low or buy more for your money. And financing is still available at historically low rates. If you are looking to build long-term wealth with real estate, don't miss out on taking advantage of this market!
There is still time to take advantage of lower home prices and historically low interest rates. And despite what the nightly news reports, financing is reeadily available for qualified buyers.
As you know we seek to provide you and your referrals with the highest level of service available. If someone you know is interested in knowing more about the housing market. Please contact us at 206-818-8816 Feel free to distribute this flyer to interested parties. Here is the link!
Related posts:
Eastside Market Statistics
Photos
Great Article Dan!! Not only is the weather heating up, but the housing market is as well!! Thank you for the knowledge that you bring to us about the local market.
Lastly, I think it’s important to note that people shouldn’t be intimated or afraid to inquire about their financing situation for purchasing. Don’t let that be the reason you’re not getting into a new home. Lending institutions are more than willing to tell you what you need to do and with how much $$ in order to buy, move up, or invest in real estate. Northstone Real Estate, and Dan specifically, is well connected to be able to provide people with answers to all their real estate questions and/or fears.
Like or Dislike:
0 
0