Wednesday, December 13, 2006
by Liz Warren
I'm not kidding!
The press is a beating drum of negative publicity about the current real estate market. The fact is 2006 is on tract to be the third best real estate market in HISTORY!
We are getting back to a "NORMAL" market. The sky is not falling. Homes are taking on an average six months to sell vs. days to sell. This is a normal market with an equal number of buyers and sellers participating.
Interest rates have been coming down over the last several months. It is a great time to buy.
Our local market does not have the speculators and flippers that have desended on the new construction of Florida, Las Vegas, and San Diego. As the investors bail out these markets need to absorb the extra inventory and that is why their markets are weaker than our local market.
Please don't be manipulated by sensational stories from the press. Things are actually very good!