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It is a Buyer's Market

Most people buy when everyone else is buying and they may pay too much. People often sell when everyone is trying to sell and they probably lose too much. There has never been a better time to reform your ways!!!

  1. Interest Rates are historically low; 4.25% recently for a 30 year fixed mortgage. Nothing affects your budget more than the rates. Ask us about special incentive purchases which even beat that!

  2. There are historic interest rate incentive programs for select homes; ask us for specific information as these apply to particular homes

  3. The Stimulus Bill, now approved, offers an up to $8,000 gift for first-time home buyers (anyone who has not owned a home in the last 3 years).

  4. There is plenty of money to lend. If you have good credit, some down-payment money (as low as 3.5%) and can document your ability to repay a mortgage, you will be fine. There is even jumbo mortgage money available at exceptional rates.

  5. Inventory is historically high. At the current rate of sales, it would last 19 months. There are lots of options for you to get the best property at the best price.

  6. Some properties are exceptional deals, even ‘steals’ available right now. Overall, prices are soft and have come down from their highs of two years ago

  7. Real estate is cyclical. Historically home values have doubled about every 10-12 years. This down cycle will be followed by an up cycle

  8. Where’s the bottom of this market? People only know the bottom of a cycle after it has long passed them by. Many of us believe that the bottom of the housing market was December of 2008.

Don’t miss the amazing opportunities at hand right now. We know that when things return to normal, many people will kick themselves for not taking advantage of the times. It will be too late.

Don’t go it alone either. Bella Casa Realtors® offer you knowledge, experience, protection, guidance, and amazing service! Meet our brokers today.

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