by Shar Rundio on February 3, 2009
Barbara Corcoran and The Today Show did a nice little piece last week that reiterates what I have been trying to convey about timing the real estate market. They talk about the 5 Biggest Real Estate Myths:
The Myths are:
1. Sellers Today are Desperate to Sell
2. You’re Stupid to Buy a Home Before Prices Have Bottomed Out
3. You Can’t Buy a Home with Less than 20% Down
4. Now is the Absolute Worst Time to Sell Your House
5. Before You Refinance, Shop Around to Find the Best Rate
Did you hear what she said about Phoenix Real Estate?
by Shar Rundio on December 11, 2008
30-year fixed FHA and Conventional rates just hit 5%!!!
So, in this DISCOUNT BUYER’S MARKET (notice that discount part, not even just a buyer’s market) with interest rates like 5% what the heck are you waiting for? Who do you know that should be investing in a home for their family or building their investment portfolio while the time is right?