My New Blog

Hello, although the market has been busy for the last few months I have noticed a strange trend.

Many buyers seem to be "on the fence" and not ready to commit.

With the clock ticking on the $8,000 government first time buyer credit and the Free Mortgage protection offered form Realtors, many buyers are waiting.

The most common phrase I hear is: "They say there are more foreclosures coming, so we don't want to buy at too high a price".

Interesting, I wonder where this info is coming from.

Who is "They". Where is the PROOF.

I hope there are a few more foreclosures coming, maybe then there will be some more inventory to sell.

As of now the buyers we have are making multiple offers on homes that have 10 offers the first weekend.

Bring it on, the extra foreclosures will sell at over asking price, and we can still move on.

No one is going to overpay wether its now or in 2 years.

That was already done over the last 5 years....

So wether you buy now or wait, it's still going to be a challenge with lots of competition.

I say buy now while the rates are low...Don't trust the Feds to keep them low.