Real Estate Update August 2009 From The Ramsey Group
August 25, 2009 · Print This Article
FINALLY, we are getting the news media to report what real estate agents have been seeing over the past few months. That is, the real estate market is getting better. This begs the question, better for whom?
Who is Benefiting From the Improvements in the Real Estate Market?
Amazingly it is both the buyers AND sellers who are benefiting from the recent real estate market improvements. How can that be? Simple, buyers have very low mortgage interest rates, plenty of inventory, lower prices and, for first-time buyers, the $8,000 first-time buyer tax credit. With all this incentive it’s a great time to buyer real estate!
How Sellers Benefit Too!
Sellers on the other hand are finally seeing price declines slowing down or stopping all together. Better yet, in many area of the country prices are starting to inch back up! All this is due to the influx of buyers taking advantage of the current buyer’s market. As more buyers come out and snap up the great deals they are reducing the inventory and improving the market for the remaining sellers.
Buyers Are Seeing The Need For Urgency.
Buyers who have been sitting on the fence better take notice and get in the game before the game changes favor to the sellers! Many buyers “get this” and are making moves now. This is good for everyone and for the countries economy as well.
Keller Williams is on the leading edge of the latest real estate information. Click here to see the latest market update for August 2009!
Your Charlotte Connection is The Ramsey Group
We love Charlotte at The Ramsey Group and we love to help people who are moving here. Over the years we have helped hundreds of families, friends and individuals find their dream home.
Do you know anyone who would like to move to Charlotte, North Carolina? Email Mark@TheRamseyGroup.net and we’ll take great care of you or whomever you refer to us!
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