Do Not Miss Out On The 2009 Market, This is Definitely
The Time To Buy
By Ramsey Judah
May 24, 2009
Strict attention must be paid to the 2009 real estate market like never before. This is going to be one
of the few times where a buyer's market will be as good as this. The foreclosure market is nearly at
fifty percent nationwide, interest rates are absolutely at their lowest, an $8,000 tax credit from the
government for first-time buyers, and prices have never been better.
It is true that homeowners are much more distressed than ever before with scores facing short sales
and foreclosures and others watching their property values plunge. But these are reasons why
buyers should be motivated to purchase because not only will they be getting ridiculously great deals
on homes, they will also be jump-starting the market again. This could even possibly help in creating
paths for an economic recovery.
Buyers may never have another chance at this kind of market. The first step they need to take is to
contact their realtors and mortgage consultants and see if they can get approved for a loan. A
mortgage approval is the only barrier between giving the buyer an opportunity at owning homes with
monthly payments rivaling that of rentals. Buyers need not be shy because the opportunity will
probably never be as good as this for a very long time to come.
Ramsey Judah is a Broker with US Homes and can be reached at ramsey@ushomesrealestate.com.
The Time To Buy
By Ramsey Judah
May 24, 2009
Strict attention must be paid to the 2009 real estate market like never before. This is going to be one
of the few times where a buyer's market will be as good as this. The foreclosure market is nearly at
fifty percent nationwide, interest rates are absolutely at their lowest, an $8,000 tax credit from the
government for first-time buyers, and prices have never been better.
It is true that homeowners are much more distressed than ever before with scores facing short sales
and foreclosures and others watching their property values plunge. But these are reasons why
buyers should be motivated to purchase because not only will they be getting ridiculously great deals
on homes, they will also be jump-starting the market again. This could even possibly help in creating
paths for an economic recovery.
Buyers may never have another chance at this kind of market. The first step they need to take is to
contact their realtors and mortgage consultants and see if they can get approved for a loan. A
mortgage approval is the only barrier between giving the buyer an opportunity at owning homes with
monthly payments rivaling that of rentals. Buyers need not be shy because the opportunity will
probably never be as good as this for a very long time to come.
Ramsey Judah is a Broker with US Homes and can be reached at ramsey@ushomesrealestate.com.
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