The Market is Ripe, Rates are Amazing!
Amy February 6th, 2008
First Time Buyer or Investment for College or Retirement, the time is NOW!
Wells Fargo, dedicated to servicing it customers above all else, stands tall in this difficult Real Estate market. They recently sent out their “Year in Review” (click here) discussing market and loan conditions last year and what to expect for this year. As the article suggests, supply and demand are still causing a “correction period” in our market. With so many mortgage brokers in the US, Wells Fargo is standing tall amidst so many lenders who did not make it through the storm.
Rates are all over the news these days, and Wells addresses this as well. Interesting to know, that just 8 years ago, rates were above 8% for a 30 year fixed, and in 1991 they were more than 10 percent.
This data brings me to my reason for writing you today, TAKE ADVANTAGE OF THIS MARKET! Think outside the box!
So, buyers, combine the over supply of homes on the market (more than you could ever want to choose from) and a low demand (making you, the buyer the one with the power) and historically low rates (better than in great Real Estate market years) BUY NOW! It is truly an unbelievable opportunity to not just buy your first home, but to begin to purchase investment, second home or rental property for your future. I had one buyer purchase their golf course condo that they plan to retire in this December, a full 6 years before their planned retirement! Purchase an investment property when your child is a toddler, and let the equity grow so that at 18, you can sell the home and pay his or her college tuition! 
Buy a rental property in your 40’s so that by the time you are 60-70, you own it and live off of the rental income on a monthly basis when you are retired. NOW is the time to buy these homes, the market will only go UP!
A few quotes about the market that put this opportunity into perspective for you…
The BEST TIME TO BUY is when sellers fear tomorrow’s market will be worse than today! There is no waiting for the market to bottom out! There is no such thing, because the day we know the market has bottomed out, is the day it is getting better. Do you want to buy one day too early, or one day too late? Now is the time, call me and I will get you connected with Wells Fargo and get you moving to purchasing your first home or investment in your future!
The market is ripe for the picking and the rates are amazing! I am ready to help you make the investment for your future, and well equipped to do so!
Sharon Natarus with Wells Fargo in Cincinnati Ohio can be reached directly at 513-587-3524 or emailed at Sharon.Natarus@wellsfargo.com. Learn more about Sharon’s extraordinary customer service and creative style here.
The Market is Ripe, Rates are Amazing!…
The BEST TIME TO BUY is when sellers fear tomorrow’s market will be worse than today! There is no waiting for the market to bottom out! There is no such thing, because the day we know the market has bottomed out, is the day it is getting better. Do y…