Many people have weathered through some tough times over the past few years. But now, as things begin to look a little brighter, it's time to consider starting over the right way and with a plan. Here are some great tips and information on taking the steps to get your credit back on track and once again qualify for a mortgage.
Welcome to my blog! I invite you to explore with me all the many facets of Real Estate! Going green? Want to spruce up your curb appeal? Staging - Does it really matter? Check back often for articles that might be of interest to you. I welcome your comments!
Saturday, February 26, 2011
Tuesday, February 22, 2011
The Cost of Waiting for Prices to Fall
by The KCM Crew on February 11, 2011
Many purchasers have been sitting on the sidelines waiting for home prices to hit bottom. They want to guarantee that they are purchasing at the best possible price. Like them, we also believe that prices still have some room to fall in most markets. However, we disagree that waiting is a good financial decision. The buyer should not be concerned about housing prices. They should be concerned about cost.
The cost of a house is made up of the price AND THE INTEREST RATE they will be paying. Two different pieces of news released yesterday highlight this point.
Many purchasers have been sitting on the sidelines waiting for home prices to hit bottom. They want to guarantee that they are purchasing at the best possible price. Like them, we also believe that prices still have some room to fall in most markets. However, we disagree that waiting is a good financial decision. The buyer should not be concerned about housing prices. They should be concerned about cost.
The cost of a house is made up of the price AND THE INTEREST RATE they will be paying. Two different pieces of news released yesterday highlight this point.
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