Why Buy?

There are a lot of homes on the market...yet you wait. I have heard many comments ranging from " I found the home I want I am just waiting for the owners to lower the price some more" to " I am waiting for the market to bottom out." All I have to say is this, real estate is cyclical and although we all enjoy bargains (especially in real estate) we tend to wait to long. The fact is most of the buyers that I have been in contact with will ultimately pay more for the wait.

How so?

The first thing to keep in mind is that pundits are just that...let's say a level below a c-class actor who people are mesmerized by hanging on their every word. Having addressed the pundits it is safe to say, their guess as to when the market will bottom out is as good as you picking the next Kentucky Derby winner! Secondly, interest rates are still extremely competitive...with an election year coming up who knows (insert pundits name here) where they'll end up.

Folks it's not rocket science...now is a great time to buy your next home that is unless you've heard a talking head tell you otherwise!