Homebuyers and sellers seem to be waiting and wondering and worrying and wringing their hands. "Will the prices go even lower?" "Should we wait longer - just in case?" "Can we get a mortgage?" "Will I get enough if I sell now?"
In some ways, it's a stunning market. In other ways, it's not really any different.
So for all you Buyers and Sellers out there, here's a little Christmas present for you all. Please listen to me, a professional Realtor, and NOT the national media - they feed on gloom and doom!
Sellers: If you do not have to move right now, if you have crunched the numbers and you'd lose your shirt if you sold now, then hang tight and wait for the market to bounce back - it always does. However, if you MUST move, if you NEED to move, there is no reason to wait - do it now! The buyers that are looking now are looking to BUY - why else would they not be shopping for Christmas?! So do yourself a favor and hire an real estate agent who understands your current local (I said LOCAL) market, who understands people as well as the Internet, is tech-savvy but can also pick up the phone and make a simple phone call, someone who has a website, a blog, and a PDA, someonw who wants your business and will market the heck out of your house, someone who is well connected and well respected in your town, who will think out of the box, and who will TELL YOU THE TRUTH about the current value of your home. Hire her (she'll be worth every penny) and then LISTEN to her - she is the expert - not your parents, or your neighbors, or your best friend's mom-who-is-a-realtor-in-another-market.
Okay, just hire ME and you'll be all set! (sorry - shameless plug)
Buyers: BUY! NOW IS THE TIME! Don't wait any longer! The rates are low, the selections are vast, the sellers are ready and willing to make a deal. For all you first-time buyers: why pay rent when you can own your own home? And, you can take advantage of the tax credit! And, you no longer have to PAY SOMEONE ELSE'S MORTGAGE - you can start paying your own!
Okay, YOU can hire me, too! (yes, another shameless plug).
Listen, not even Donald Trump knows where the bottom of the market is or when we'll get there. Do you know WHEN we'll know? That's right, when it starts to go up. Then you've missed it.


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