What a year 2009 was! For the buyer there were some great opportunities and for the seller … painful at times!
Wouldn’t it have been great to buy during some of these price dips that were so dramatic? We here at Finding Homes for You do not have a crystal ball to predict the future ,but we can keep you updated with current trends. We work for you the buyer only! If you would like a quick look at the current inventory of available homes check out the links below:
St. Louis Real Estate Advice for Buyers and Sellers
Excerpts from an excellent article found at Bankrate.com
“It’s no surprise the new year will ring in another buyer’s market, though with far more upside than in 2009. With that as a backdrop, here are 10 real estate tips for homebuyers and owners in 2010.”
At the beginning of a new year sometimes it’s good to look back for some perspective.This is an interesting chart that traces what the median income was for households (you will see the numbers in the upper right hand corner) and compares it to housing values over a twelve year period.Watch what happens around 2006.
Even if you are not a first-time home buyer this is good information. Depressed values, combined with near-record-low mortgage rates and government incentives (an $8,000 first-time home buyers’ tax credit included in the stimulus bill), are luring more first-time home buyers into the market. Indeed, a recent Century 21 Real Estate survey found that more than three-quarters (78%) of potential first-time home buyers say now is a good time to buy.
If you agree, be aware that buying a home comes with plenty of potential missteps. Here are 10 all-too-common mistakes first-timers make.
Please Note: Mistake # 4 – Not Finding A Good Buyer Agent (We can help you here) Click the link below for the article:
Is that a hair fracture in the buyer’s market? Recent article on Smartmoney.com
Sellers for months have been slashing prices, making gratis home improvements and absorbing closing costs to get prospective buyers to bite. But a recent report by Zillow, the Seattle-based online real estate service, suggests negotiating power among buyers is starting to weaken – if only slightly …
Click the link below and for tips on how you can maximize your leverage with sellers
Even if you are not a first-time home buyer this is good information. Depressed values, combined with near-record-low mortgage rates and government incentives (an $8,000 first-time home buyers’ tax credit included in the stimulus bill), are luring more first-time home buyers into the market. Indeed, a recent Century 21 Real Estate survey found that more than three-quarters (78%) of potential first-time home buyers say now is a good time to buy.
Is that a hair fracture in the buyer’s market? Recent article on Smartmoney.com