The opportunity for buying a home in Chesapeake, Virginia Beach, Norfolk or Portsmouth has never been better. Thanks to Lenn Harley for writing this blog in simple terms. This is the time to jump of the fence and become a home owner in Hampton Roads.
To SELL or BUY Real Estate in Virginia Beach, or Hampton Roads visit my website. http://www.tererottink.com/ visit my Blog at HamptonRoadsrealEstateVoice.com
Call me at: 757-502-5324
WHY AREN'T HOME BUYERS OUT BUYING IN DROVES?
"EUREKA! I FOUND IT" . . .
ARCHIMEDES AGAIN LEADS ME TO THE TRUTH . . . . FOLLOW THE THEORY OF DISAMBIGUATION and everything becomes very clear.
QUESTION: Why aren't consumers out in droves taking advantage of:
- The lowest home prices since about 2003 (probably rising in some areas).
- The lowest interest rates since about 1975 (probably not going to last much longer).
- Inventory of homes for sale provides many from which to select (moving fast in some areas).
- Tax Credits available ($8,000 and $6,500) for home buyers who buy soon (ends soon).
- Experienced Buyers' Agents ready to help (ready to tour homes for sale).
Yet, Buyers are still "ON THE FENCE".
WHY ARE QUALIFIED HOME BUYERS NOT BUYING?? Consider this unambiguous theory:
THEY LISTEN TO THE NEWS!!
- * The news about the real estate market is primarily about foreclosures.
- * The news about the economy is almost all negative.
- * The unemployment rate make private sector employees feel insecure.
- * Their friends and family home owners owe more for their home than the present value.
REAL ESTATE AGENTS KNOW that:
- * The media thrives on bad news.
- * Folks need shelter/homes in every economy.
- * 90% of Americans are employed.
- * The mortgage interest deduction is a hedge against loss of equity.
WE REAL ESTATE AGENTS ALSO KNOW THAT:
American home owners will do what they need to do to provide comfortable shelter for themselves and their family.
Home owners seek homes in areas that provide them with schools of choice, entertainment choices, transportation alternatives, styles and types of homes that suit their lifestyle and family needs
Americans will always seek home ownership as a reflection of our independence and self expression.
THAT IS THE UNAMBIGUOUS TRUTH.
ARCHIMEDES knew!
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.
Lenders are a part of this equation too... Just gotta find the ones who still have money to lend! They are out there...