Today's Market

Most common question I get everyday- How's the real estate market?

My resonse- It depends!

People hate to hear that, but it is true, it really does depend. It depends who you are, a buyer or a seller, and what you are looking for. If you are a buyer, the market is great! Interest rates are at historic lows, home prices are down, there truly has never been a better time to buy. If you are a seller, it depends again. Most of the time I would say don't sell unless you have to. Just hold tight and maybe refinance into a new lower rate if possible. But sellers can also be buyers, if have a need to move and have the ability to sell, they too may by able to take advantage of the great buyers market and get a great deal on your next home.

So what is holding the market back? In my opinion it's the lack of First Time Homebuyers. First time buyers fuel the market. When they purchase a home it allows others to be move-up buyers and so on. My conundrum is what is holding them back?! With the market so primed for FTHBs, I can't believe they aren't knocking down the doors to purchase their first home! I think there are a lot of misconceptions with home financing these days. There are still programs out there for people who don't have a huge down payment, there are even ones out there that all you need is $1000 of your own money! You don't have to have "perfect" credit. But you do have to be responsible and be able to afford your monthly payments.


Today's market is volitle but there are deals to be had. And with my help, buyers can turn the american dream of home ownership into a reality.