It’s a buyer’s market
Let’s see, interest rates are the lowest in years, builders are loading their homes with extras at zero cost to the buyer and great expense to themselves, and yet every time I pick up the News & Record, it’s gloom and doom and buyer beware.
Beware of what? Fantastic interest rates? A great buy? It’s an excellent time to purchase a new home in our area. Shout a little good news once in a while!
Barbara Currie
Summerfield
The writer and her husband are co-owners of a building company.
Comments (6)
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"The writer and her husband are co-owners of a building company."
Enough said.
Thanks, but I will wait until we are nearly out of the recession and the housing market settle down first.
Posted on April 27, 2008 5:42 AM
A big part of the problem is we keep hearing how the market will not bottom out until later ... it is a self-fullfilling prophecy.
Posted on April 27, 2008 6:55 AM
Watch the U.S. stock market--it is usually 12-18 months ahead of the economy. It was heading South long before we heard the "recession" talk. As it limps ahead, it foretells our economic cycle.
Posted on April 27, 2008 11:41 AM
Builder or no builder, she's right. This is definitely a buyer's market. It's a great time to buy a house. Everything is on sale, just as the stock market is down ,again too, on sale. It's the old days of Kmart, and the blue light is on.
Posted on April 27, 2008 11:55 AM
This letter misses the whole point of everything: that everything is bad. When prices are high, that's bad. When they're too low, that's bad as well. Fortunately, when a Democrat is elected president, everything will be good.
Posted on April 28, 2008 2:30 AM
Hey GREAT!!! . . . but where are the lenders?
Posted on April 28, 2008 3:51 PM