Even the Naysayers Are Saying To Buy Now!

It is really the best time to buy a house price are perfect and the interest rates are very good to all my prospect buyer do not hesitate go for it

Yes, it is definitely the time to buy. This makes the 4th recession I have been through in real estate in San Diego as a realtor, and you can always tell when the bottom is near. Even if properties drop a little more and predictions are 3-5% for the rest of 2011, the rates are so low now (they were at 19% when I started real estate) that if you wait until the rates start going up next year, you will loose any gain you made by waiting. Plus you can get anywhere from 4% to 10% and more depending on the price of the property by buying now. Plus we will go back to having an extreme shortage of inventory here with San Diego almost 90% built out with land only in the Oceanside area and the Otay Mesa area by the border. It’s the gorgeous weather! Jane Foster, San Diego Ocean Vu Homes for Sale

In many cases consumers can purchase a home with less cash in hand than it takes to move into a rental. FHA, VA, Rural are all products that require little or no money down vs. first ,last, and security deposit. That coupled with lower rates and less expensive housing make it a no brainer. I agree with the professors!

I have a hard time trusting real estate agents because if you look back a year they was saying the same. Majority of agents are truly struggling in every state, that is why they are sounding the horns to buy. The majority simply do not have the ability to purchase.

… ever the contraian, the numbers just don’t support purchasing right now. Soon, maybe, but right now I would ask each contributor herein, “Have we seen the bottom?” If you say “Yes!”, support this statement, please. The general market I live in decreased nearly

The Builders Index, for the sixth month in a row was “flat”, indicating nominal growth. In fact, April was indeed “up” month over month, from 540k to 570k, but down from $1.4m new home starts. The stated “shadow” market by the Feds was 3.8m houses, while the unoffical is 8% of the 131.9m houses in total US inventory.

The challenge , of course, is having quantity of qualified home buyers at the entry point “first time home buyers”; this “bottom” feeds the process. With little demand at the lower level, the entire model simply stagnates, or, in a declining market, implodes. Accordingly, with regard to real unemployment as reported in G6 figures, nearly 18% (G3 figures only are those individuals who are eligible to receive unemployment, NOT those unemployed). 18%! AND, keep into mind, the government also uses an offset to these numbers by inserting the Birth/Death rate within each reporting period. These numbers are roughly 175k to 225k per period as well … so the real numbers are even greater than reported. Last month, McDonald’s hired 62k individuals. Super! One million individuals sought these positions … I will ask those who opined herein, please provide real numbers suggesting we’re in an inflationary modeling to support “this is a good time to buy!”

http://campaign.r20.constantcontact.com/render?llr=skwwfvn6&v=001MLAw4fjEPpUsqfcOU5WuS0_QOLuduXU4N0BQc1Du0GOYN853-H98TfE9xHLQm9zQ6Dh6Fnnvhs3xm1zGobZldKW7yv5Wc_e4S7DGv5IPdzlXg1In5TXsBrvOqAWLY9sLxad2CCOp0FvdxDnNZV7bgXpU0azVb1TT