Holiday Greetings to all of my Friends
Hi everyone, Its been a while since I last posted, but I don't suppose abybody missed me.
First I would like to wish all my Friends, Clients and Bloggers the compliments of the season, and hope that this year went well for you and the coming year is even better.
The Real Estate market in the triangle is taking a slight dip, probably more seasonal than anything else (who am I kidding) The market is DOWN, builders are giving away homes with great incentives, so anybody wanting to sell their existing home is quite frankly screwed. Of course every home has a buyer, and there is always that "hot" property or location in any market, but the general price trend will be downwards over the coming months.
The light at the end of the tunnel is that we have not and will not suffer the huge price correction that has occured in other parts of the country, for some unknown reason our booming market of the last few years did not equate to the double digit price inflation that was experienced elswhere. So the good news is we have a shorter distance to fall, and probably in a shorter time frame.
If you are looking to sell, hang on a couple of months, but if you are free to buy do it now, there won't be a better time, mortgage rates, despite the sub-prime issues are still really low, and if you get a good old fashioned 30 year fixed rate mortgage you have nothing to fear from the loan company.
Anyway enough is enough, I am off to help another couple on the path to the American Dream,
Happy Holidays.
First I would like to wish all my Friends, Clients and Bloggers the compliments of the season, and hope that this year went well for you and the coming year is even better.
The Real Estate market in the triangle is taking a slight dip, probably more seasonal than anything else (who am I kidding) The market is DOWN, builders are giving away homes with great incentives, so anybody wanting to sell their existing home is quite frankly screwed. Of course every home has a buyer, and there is always that "hot" property or location in any market, but the general price trend will be downwards over the coming months.
The light at the end of the tunnel is that we have not and will not suffer the huge price correction that has occured in other parts of the country, for some unknown reason our booming market of the last few years did not equate to the double digit price inflation that was experienced elswhere. So the good news is we have a shorter distance to fall, and probably in a shorter time frame.
If you are looking to sell, hang on a couple of months, but if you are free to buy do it now, there won't be a better time, mortgage rates, despite the sub-prime issues are still really low, and if you get a good old fashioned 30 year fixed rate mortgage you have nothing to fear from the loan company.
Anyway enough is enough, I am off to help another couple on the path to the American Dream,
Happy Holidays.


Comments