Posted by: kgreenrealestate | June 10, 2010

Buyer’s market??

The current real estate mkt is a great opportunity for today’s Buyer. The interest rates are keeping low, hovering around 5% which won’t last forever. The inventory is providing reduced values which allows Buyers  a great time to capitalize, given these 2 current situations. The “flipping homes” market is plentiful, depending on the area,of course, but needs to be monitored on the ramifications of resale time, pricing, and FHA rulings.

All in all, though, the opportunities are right for Buyers, even with the Tax credit no longer in place. Values and rates are sure to escalate, but the timing is uncertain. Buy low, sell high, never gets old and timing is everything!

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