Sunday, February 24, 2008
NOW IS A GREAT TIME TO BUY A HOME
The media cries that the sky is falling - not so. It all depends what you're looking to do. Here in Central New Jersey, our market has softened but it's still very much alive. For first-time home buyers, this is a great time to buy. Prices are lower, mortgage rates are good and there's an abundance of inventory - you may even find your dream home and be able to afford it!! For sellers, it's not quite so easy. Not only are they going to sell their home for less, but it will probably take much longer than in previous years. This is not the time to go it alone, you need some professional help. This is when a professional, experienced Realtor is well worth investing in. However, if you are looking to move from a smaller to a larger home, this is still the time to sell. While you may get a little less for your current home, you can buy more for less and that bigger home is going to cost you significantly less and you'll eventually be ahead of the game.