We find ourselves in a market where buyers and sellers have some hesitation and I can't understand why. This is an "Opportunity Market" for buyers and sellers who have been waiting on the sidelines for many months. There is safe, affordable financing available to qualified buyers. Interest rates for a 30 year fixed loan can be found in the range of 5 7/8% with no points. My gosh, what more can a buyer ask for.
Well with the anticipation of the Feds reducing rates by another 1/2 point at the end of the month it's a great time to buy! Once again rates are at an all time low and at par with the 2004/2005 market place.
There are motivated sellers who are looking to make changes, whether moving up or out of the area there are deals to be had. If you have been sitting on the sidelines, sit no longer and seize the opportunity!