Long Beach Housing Market

Real Estate Trifecta
November 6th, 2008 3:12 PM
Well the election is over and I don't know about you but I'm ready to get back to business.  I don't know if that's what we're going to see anytime soon but I'm ready for it!  I was at a seminar on the weekend and the speaker was a writer for the one of the local Real Estate magazines.  She said we have a trifecta in the market place.  I hadn't heard that before but after she explain I think she's right.  1. Sellers finally realize prices have come down and there are some really nice reasonably priced homes on the market today   2. The crisis in the market has caused mortgage rates to go down even further and they are the lowest I've seen in a while   3. There are buyers out there ready,who are willing to buy, they have been preapproved for loans and just need to find the right house.  It just doesn't get any better than this.  Now trying to put them all together at the right place and the right time - thats the secret.  I am tired of all the negativity and look forward to things being sane.  I think buyers and sellers are ready too.  I'm excited about the possibilities in this market.  I'm not trying to predict anything just saying this isn't a bad place to be at this moment in time.

Posted in:General
Posted by Heather Burke & Sarah Ireland on November 6th, 2008 3:12 PMPost a Comment

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