Real Estate is "ON SALE"
A few months ago, I wrote an article about homes being "on sale." In other words, prices are so low and inventories are so high, it's an excellent time to buy. And... homes are still "ON SALE".
We are starting to see multiple offers on many homes, specifically, foreclosure properties - many of these properties are great bargains and buyers and investors are starting to realize the opportunities available in today's market.
If you've been "on the fence" thinking you'll wait for the market to "bottom out", then you may be missing the boat. While the market may drop more, if you're looking to buy for the long term - either investing or buying to live in - then the short term price drops won't have much of an effect on you.
Savvy buyers realize that NOW is truly a great time to buy. Those who wait and wait and wait, as always, will probably miss the best opportunities. Remember... homes are ON SALE.
If you'd like to discuss the opportunities available, or if you have any questions, please call us at (916) 241-8000 or (530) 677-1332. Or, to search for homes, click here.
Some other posts to review:
A good piece of advice. Especially for home buyers. People shouldn't wait too long. I really do not get the point of it. The market does not change in such short terms that it would be possible for somebody to save a considerable sum of money. Working as a Toronto real estate agent my clients sometimes also ask me questions related to this. But I cannot tell them that it would be profitably to wait. As you said, if you wait too long...
Posted by:Toronto real estate agent | Monday, May 19, 2008 at 05:38 AM