The Time to Invest in Real Estate is NOW.

Posted by Lisa Corelli

I know with all the news media putting such a negative spin on the real estate market conditions, I wanted to put my vote in for “It’s a great time to Buy.” The buyers clearly have the advantage and bargaining power right now.
I am a Realtor that works Pierce and King County in Washington State and I see it with my own eyes that there are some really fantastic buys and very motivated sellers right now!
For all of you first time investors who wanted to buy/invest in a rental, Now is the time!
For all of you first time home buyers that wanted to buy your first home, Now is the time!
For all you true blue experienced investors, its buy low and sell high. If you don’t already have a project, Now is the time!

I want to share this “Time Magazine” article, I couldn’t say it better myself! If you are ready to buy, Now is the time!
http://www.time.com/time/magazine/article/0,9171,1713483,00.html

Current Interest Rates : Opening day for Friday…Rates for, 05/02/08, look like:

30 year fixed – 5.75% par pricing

15 year fixed – 5.375% par pricingJumbo loan (over $567,500)

30 year fixed – 6.25% par pricing

Government (FHA/VA)30 year fixed 6.00% par pricing

Rates are courtesy of Christina Meats w/Evergreen Home Loans

http://christinameats-evergreenhomeloanslo.mortgagewebcenter.com/default.asp?bhcp=1

This entry was posted on Sunday, May 4th, 2008 at 2:24 pm and is filed under Real Estate Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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