Sunday, December 9, 2007

Are you still hesitating to buy a home?

Is the Media's drama still scaring you? One of the areas that the media uses to support the drama of the housing market is foreclosures. Realty Tech produces foreclosure statistics (since 2005) that are often quoted by the media. As you may know, Realty Tech is a company that charges the consumer to access foreclosure listings. It would most likely benefit Realty Tech and attract more users if there are a high number of foreclosures. Foreclosures have received a tremendous amount of media coverage, particularly over the last couple of years. I wonder if the Realty Tech user numbers has increased over the last couple of years? Check out this first article found in the Orange County Register:
Tracking the Truth on Foreclosures!
(http://www.ocregister.com/money/realtytrac-foreclosure-data-1924443-count-numbers)
…and decide for your self! And after you view this article it will be apparent to you that there are not nearly as many foreclosures as originally reported. So...don't miss this great home buying opportunity because it will not wait for you!

The median price of homes here in CT has steadily increased this past year. It’s there in the numbers but often NOT referenced. Here’s an area that is finally coming out and admitting that things are not as bad as the media would have you believe. The Asbury Park Press states: “According to USA Today, there never has been a better time to buy a house. Interest rates are at an all-time low.” And then talks about house buying: “…people do it every day; we don't wait for the media to declare it safe, especially when many daily newspapers are losing readership and seek high-drama stories to keep reader attention.” Read more: Region's real estate market faring better than most. (http://www.app.com/apps/pbcs.dll/article?AID=/20071202/OPINION/712020308/1030/OPINION).


Read and realize the reality.

Thursday, November 1, 2007

GET THE OTHER SIDE OF THE STORY!

It’s about time!! The media, for the most part, has reported and presented one side to the current housing market status. I was so exciting to see that Coldwell Banker Silicon Valley President, Joe Brown kicked off the “Reality Check on Reality” campaign. The other side of the story is about to be exposed! Why should you, the buyer (or seller), be kept in the dark? Why should you miss one of the greatest housing opportunities to get your dream home?

Besides coming out and just stating the facts, Brown has initiated a full campaign to educate buyers and sellers so they will not miss this window of opportunity. He states: “Real estate goes through cycles like any other sector, and the housing market nationally has slowed down over the past couple of years after being red-hot in the early 2000s,” Brown said. “But what consumers have to remember is that real estate historically has proven to be an excellent long-term investment. The current market provides an opportunity for buyers who have been on the sidelines for years to finally jump in and buy a home at a good price.”

You will hear time and time again that Real Estate is the best investment with low risks. It always increases over the long term. To avoid Real Estate, at this point, when interest rates are extremely low and home prices are good, is a mistake that will only be realized too late!

Afraid there’s no available mortgages? Explore the options. You will be pleasantly surprised; take a look at all the great mortgages programs available. First time buyer have some of the best opportunities yet! Need a jumbo loan? Just check availability. It’s there! More will be posted at a later time.

Consumers have a right to know both sides. Why should investors be the only ones getting the deals? Don’t miss out, THIS TIME. Get educated and take advantage of the opportunity BEFORE it passes you by!