While many are skeptical after several economic factors influenced our nation this week, our market seems to remain the best in the U.S. Are we next? If everyone around us starts believing that they cannot buy or sell a property, the answer is "yes". If everyone stops buying and selling, we will go into a recession that is currently felt by 27 of the 50 states.
In an article released today, click here, we may be headed for another interest rate cut after being told it would not go any lower. This is more reason than ever to buy your dream home, second home, investment property, etc. Take advantage of this market for this reason. You may lose some equity on your current home, but you will more than likely reap the rewards of great equity in your purchase while building future wealth. To learn more about the market and how to take advantage of this opportunity, contact me at 972.468.5136 or visit our website.
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2 comments:
I just had someone trade the equity in the sale of their home (received $7,000) into the new home purchase (gained $50,000 in equity) because they took advantage of this market and came out way ahead when they bought their home! Such great deals out there.
I agree with the last comment regarding the transfer of equity. My neighbors sold their home in under 90 days. Although they had to lower the price slightly lower than what they would have liked, they have twice the equity in the new home they had built because of the great deal they got. It is worth it, a great investment. Now is the time to buy!
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