Ever wondered why houses are on the market for 50, 80, 100 days or longer?
Simple answer:
Most likely they are over priced.
Nearly every Home Buyer is working with a Realtor and after seeing a home, they ask their Realtor what the home is worth. The realtor will then give their best and honest opinion on Market Value. If he determines a lower price, the buyer most likely will walk away. ...
Posted by Marcus Kallweit
on February 26, 2009
This may be the best time to buy a home in the past 7 years as interest rates have hit their lowest mark in known history. Just a few months ago interest rates for a 5 yr mortgage was in the 5.75% range but today sits at 4.39%. This is a remarkable drop in interest rates and the cost of carrying a home.
Many first time buyers are at no risk by buying right now because many of them are paying $1,200 ...
Posted by Marcus Kallweit
on February 17, 2009