SO, JUST HOW IS THE REAL ESTATE MARKET?

January 12, 2010 by admin  
Filed under Blog

You may have been asking yourself that question.

The answer, quite simply stated, depends on whether you are planning to buy, sell or invest.
As you know, the real estate market has been quite challenging for the past couple of years and those market conditions affect each person and each property differently. Now the good news is, if you are planning to sell, this is actually a great time to sell. There are plenty of buyers ready to buy the right property right now. In fact, if you avail yourself to a dynamic, highly skilled, experienced and innovative real estate professional, your sale can result in the success you want. The statement most often voiced by people today who are contemplating selling is; “…but I could have gotten so much more for my property 2 years ago.” So true, however and this is a BIG however, you also would have PAID MORE money for your replacement property. More money to purchase that replacement property, higher property taxes and higher closing costs based on the purchase price. There are also unprecedented tax advantages available to many home sellers today that were not available 2 years ago. If your property loans are higher than the current value, there are also opportunities that work wonders to assist you that have never been available before.

If you are planning to purchase, this is an excellent time to purchase because there is an ample supply of homes on the market for sale. Most home sellers are realistic as to the actual value of their property, interest rates are temporarily at historic lows, FHA loan amounts have been raised and there are also unprecedented tax credits that may be available to you when you purchase a home. Empowering yourself with expert representation will assure the deeply satisfying purchase for you in this time of golden opportunity.

If you would like to invest in property, this is also an excellent time to invest. There are many property owners who for various reason are looking to sell their income units, condos or single family residences at prices that are dramatically lower than they were a few years ago. Again, interest rates are at historic lows and FHA loan amounts have been raised to cover many investment choices assuring you the opportunity to cash in on today’s great investment values boosting your financial portfolio.

Simplifying and assuring you everything you have always wanted in your real estate sales and purchase is my foundation in serving you.
Don’t delay, discover the easy and proven strategies with free expert advice today with the name you trust in real estate, Jennifer Pritchett.

As always, please consult your financial advisor for advice pertaining to your financial interests.

Comments

One Response to “SO, JUST HOW IS THE REAL ESTATE MARKET?”
  1. Jennifer,

    You know your market! Much of what you say applies to any market… but all markets are local–tax incentives, interest rates, are available to qualified buyers just about anywhere… but the degree of price adjustments, property inventories in various price ranges, impact of sales price on property taxes (in Oregon we don’t have Prop. 13) and so forth are local issues. Empowering yourself with a local expert is THE way to go.

    Dava Behrens, Broker
    Coldwell Banker Valley Brokers
    Corvallis, Oregon

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