Wasted Opportunities?

There are times in our lives when we look back
and say to ourselves, “I should have”.

Today’s real estate market could be one of those times, if you delay and fail to seize the opportunities available to you. There are cycles in all markets – stocks, cars, and housing.

We are presented with a tremendous opportunity with interest rates at near
record lows, motivated sellers, prices at or near the bottom in many areas and a great selection of homes. According to NVAR CEO, Christine Todd, she believes the market may have bottomed out in December 2007. If you are a move up buyer, it is a great time to “shift” your equity. If you are a first time buyer, there are many programs available that offer 100% financing with terrific rates. If you are considering becoming an investor, rental rates are strong and the absorption rate on rentals is fantastic – there is only a 2.1 month supply available. We are faced with choices every day and today we believe it is a good time to choose real estate to add to your investment portfolio.

As of March 20th:
16,975: # of Active Resales currently on the market
5.6 Month Supply of Resale Houses

3,035: # of Active Rentals currently on the market
2.2 Month Supply of Rentals