I know it's been a while since I have posted to my blog. I have been swamped...always a good thing in Real Estate :->
With housing prices so low and interest rates so low the real estate market is blowing up. This is not just some bs hype that I'm trying to throw out to trick people into thinking it's a good time to buy....NO - no tricks here.... It's just simple - when prices are low it's a good time to buy! There has never been a better time to buy in our lifetimes and probably won't be. Buyers understand this and are trying to take advantage of the situation and get a great deal on an awesome house that they never could have afforded a few years ago....GO BUYERS! Smart folks. I believe in what I am saying so much that David and I are closing on a new house tomorrow....YES, IT IS A GREAT TIME TO BUY!
So what's keeping the market down? A major issue in the market is not that we don't have buyers - it's that we don't have QUALIFIED buyers. Banks have become very strict in the wake of this economic down turn and after now losing millions and millions in foreclosures and short sales. There is hope for the weary though - a good banker can tell you exactly what you need to do in order to increase your credit scores, decrease your debt to income ratio, and so on. Usually after 6 months of "clean up" a buyers credit can debt issues can be resolved enough to begin the home buying process.
If you need any help buying or selling a house OR if you know anyone else who needs help OR if you would like to find out how much of a mortgage you can qualify for give me a call :-> 228-223-0665
Anyhoo - I could go on and on but I'd better get to work....til next time -
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