Is Real Estate Moving ? First Time Home Buyers Take Heed!
According to my source, real estate is not moving. My contention is that it is a buyer’s market. This post is particularly targeted at young people paying too much rent.
How much rent do you pay? I will use $700.00/month as an example. In 10 years, you will have paid out $84,000 for rent and when you walk away, you will have nothing. Wouldn’t it be nice to walk away with some money?
The housing market has so much current opportunity. By opportunity, I mean a surplus of available for purchase homes, available money and great interest rates. This is a buyer’s market!
My advice is young people get started with home ownership while you are young. In future years, you will be able to upgrade to another house or walk away with some real money and will have provided yourself a place to live.
A realtor, I am acquainted with, has some wonderful statistics about the current housing market trends. Here is the url:
Current Market Statistics
In conclusion, first time home buyer’s take heed and get started before current conditions change! You have all the leverage, negotiating power.
You will need a great guide to assist you with your first house buying adventure: It is available by clicking here.
3 Comments »
Is Real Estate Moving ? First Time Home Buyers Take Heed ! on 19 Apr 2008 at 12:36 pm #
[...] Default title | Just another Blogbuckster.com weblog wrote an interesting post today onHere’s a quick excerpt According to my source, real estate is not moving. My contention is that it is a buyer’s market. This post is particularly targeted at young people paying too much rent. How much rent do you pay? I will use $700.00/month as an example. In 10 years, you will have paid out $84,000 for rent and when you walk away, you will have nothing. Wouldn’t it be nice to walk away with some money? The housing market has so much current opportunity. By opportunity, I mean a surplus of available for purchase [...]
Brian Laughlin on 19 Apr 2008 at 9:45 pm #
Great buyer’s guide. We’re seeing home prices at 2004 and even 2003 prices! Great time to do something if you can get the financing.
Brian
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