Our New Blog

It is hard to believe that we almost half way through 2009. What a difference a few months make. At the beginning of the year our future was a cause for extreme worry.

In my 24 years in real estate, I have seen three previous down cycles occur. None of those were as long or as deep as this one has been. What they all had in common was the general consensus- "We will never see that market again." Each of those down cycles were followed by a bottoming of property values or a correction period. Then came the slow turn around where the smart Buyer realizes there is no better time to purchase the home, permanent or second, that they had been waiting for.

Home prices are the lowest we have seen in many years. Interest rates are fluctuating around 5% and first time permanent home buyers receive an $8,000.00 tax credit. FHA-VA financing is available as is 100% USDA financing, and Sellers are ready to negotiate. Are we at the bottom yet? No one can be sure. We can be sure of one thing- Now is the time to buy that home that you have been dreaming about.

Warren Buffett, one of the greatest investment minds of our time, says, "Be fearful when others are greedy and greedy when others are fearful." Do not hesitate and miss your chance. Take advantage of the market at the bottom, not when it moves to Pre-Boom

E-mail or call us today to get the answers to your real estate questions and how we can assist you with the purchase of your home.

Allen Ramsey

Broker Associate