Jeff's Real Estate BLOG

Hi Everyone!

The recovery in the real estate market IS happening!  We are back to MULTIPLE OFFERS on well priced homes that are NOT short sales...A standard "arms length" transaction is simply the best thing right now.  Buyers want to take advantage of the low rates, they want to move in quickly and we still have a HUGE inventory of available properties!  If you're not upsidedown...NOW is the time to make that change!

REO's (foreclosures) are next in line but they're difficult as well.  They often do NOT qualify for FHA financing (mostly due to condition or the lack of appliances) and so they're really for the investor or cash buyer.  That said, desirable REO's will have multiple offers too!  The list price is more a starting price in the REO segment so be careful.

Don't be fooled...This is the time and what better place?  Look over my website and call me to schedule an in person consultation.

Seriously everyone!  I just met with some prospective sellers last evening and they told me they continue to hear "The market is still BAD"  Well let me tell you...Last month, June 2009, traditionally the slowest of the summer months...We sold 3316 houses...Up from 2791 and 2740!!!  Bad?!  By whose measure??

There is an $8000 first time buyer tax credit...Inventory (although decreasing quite steadily) is still good and interest rates are LOW!

Houses priced correctly, that are NOT short sales, are FLYING off the shelves!!  NOW is the time!!

If you find you are "upsidedown" in your current home, call us for numbers to call for help.  If you're slipping to foreclosure but have equity, we can help NOW!  If you're simply tired of your current house and are wanting to up or down size...CALL US!  "I  don't know which one of my listings you may want to buy so I will price ALL OF THEM correctly!"

Jeff