Tuesday, September 8, 2009

IT'S A JUNGLE OUT THERE! a Real estate "feeding frenzy"


For Buyer's who are trying to make sense of today's crazy real estate market.
IT'S A JUNGLE OUT THERE! a "feeding frenzy" and the survivors only reap the profits. With multiple offers, contract acceptance times running anywhere from a few days to months, appraisals not coming in and with the loan programs changing almost daily. This is a market where only the well thought out plan will survive. FHA Buyers mine as well wrestle an alligator. The Feeding frenzy is here and has been here,with the majority of homes available being short sales, all with multiple offers over asking, what's a buyer to do? Especially at the lower end of our market There is no room for slow decision makers, or indecisiveness if you want a home.

With all of that said, it doesn’t mean that it’s a bad time to buy,it's a GREAT time to buy, interest rates are low and the market is affordable more then ever.The reality is, there are still a lot more short sales and foreclosures and the banks are not really making the effort to make the process any easier, which is why the market, for many, is so complicated.

Now more than ever it is important to have a Realtor you can trust, one that has your best interests at heart, an alligator wrestler, a CNE Certified Negotiation EXPERT.
Give me a call Linda 602-391-8246

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