Wednesday, May 23, 2012

Buy or Sell? YES!

I'd like to re-publish an excerpt from this excellent article in part, because it's so true. Prices are low, mortgage rates are low, home inventory is up- why is this not a no-brainer?  Maybe earning less than 1% on your savings is what works for you, but when the real estate roller coaster is getting ready to roll uphill again, are you waiting for it to get to the top of the track again before you decide to move?
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Two questions dominate the minds of Real Estate Buyers and Sellers. Let’s get them both answered honestly, right now. The questions are obvious. For Buyers, “Is it a good time to buy?” For Sellers, “Is it a good time to sell?”
Expert Advice
Two questions dominate the minds of Real Estate Buyers and Sellers. Let’s get them both answered honestly, right now.
The questions are obvious. For Buyers, “Is it a good time to buy?” For Sellers, “Is it a good time to sell?”
The billionaire investor that the brightest watch for advice, Warren Buffett, said, “I buy when people are selling and I sell when people are buying.” In Real Estate, at the moment, there are an abundance of homes for sale (people are selling) and a scarcity of Buyers. That means prices are soft which makes it an excellent time to buy for those who are able to finance the purchase of a home.
 http://www.crackerjackagent.com/articles/114/it-couldn-t-be-more-obvious Rich Levin April 25, 2012

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