Monday, January 29, 2007

What are you waiting for?

It's a great time for Buyers in the East Bay Market!!!

Homeownership is a safe, secure way to build longterm wealth. According to the National Association of Realtors (Nar), the naional median price of homes bought ten years ago has increased 88%. The number of US households is expected to increase 15 percent during the next decade, creating a continued high demand of housing.

Mortgage rates are still low! The average 30-year fixed rate remains low. Currently, at 6.125%, this is more than the entire percentage point below 2000 levels.

There is plenty of inventory on the market! Buyers have negotiating power. Imagine if you had bought two years ago?? It's time to get in the game and purchase your first home or buy up. Get into a better area than you are now.

Are you interested in finding out what is the best strategy for you? If so, shoot me an email or give me a call.

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