Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk: I'll tell ya. Historic low interest rates and amazingly low prices are a once in a blue moon occurance.

I'll tell ya. Historic low interest rates and amazingly low prices are a once in a blue moon occurance.

If you are looking to buy a home you are running out of time.  PLEASE READ!!

 

To SELL or BUY  Real Estate in Virginia Beach, Norfolk, Chesapeake, Portsmouth or Hampton Roads visit my website. http://www.tererottink.com/  visit my Blog at HamptonRoadsrealEstateVoice.com 

Call me at: 757-502-5324

This is one of the most amazing Blue Moon markets I have ever seen.Blue Moon for Charlotte Real Estate

I've seen low prices with High interest rates. I've seen High prices with low interest rates.

BUT, I have never seen historically low prices Coupled with historically Low interest rates.

Yet I see a malaise. Many have taken this amazing market for granted. I think it is on the verge of going away.

And maybe it should.

Many here in Charlotte have been lulled to sleep that a government kick-back program will never end ($8k tax credit for first timers or the $6.5K move -up) What are the sleepy thinking? This "cry wolf" of a never ending program keeps many on a Vallium holiday. Unfortunately for the sleepy, this teet is going away. Hello?

I can hear the Rip Van Winkles crying on May 1, 2010. Please don't cry to me about your 18 month lack of knowledge. I also see the inevitable that interest rates Will go up.

The end is near.  For better or worse, we will see this market transform and become an unsubsidized free market with interest rates reflecting the real market.

To those that missed out. Give it a decade or two. It will come back. Go back to bed. Sorry to wake you.

Claude Cross - Realtor® 704-975-1733

Broker/Owner Homes By Cross, Inc.

        Email: Claude@HomesByCross.com

Check out our WEBSITE for all Charlotte Homes For Sale
Serving Charlotte NC Real Estate and Relocation Needs Since 1994.

A full service brokerage covering South Charlotte real estate, Ardrey, Ballantyne, Fort Mill,Golf Course HomesHuntersville, Indian Land,  Indian Trail, Lake Norman, Lake Wylie, Charlotte NC Custom Homes Marvin, Matthews, Mint Hill, Pineville, Stallings, Uptown Charlotte, Waxhaw, Weddington, Wesley Chapel, MLS Home Search.

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1 commentTere Rottink • March 16 2010 09:36AM

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Hi Terre:

I stopped by to wish you a Happy St Patrick's Day from the team at National Credit Fixers!

:)

Posted by Matt Listro, Your Credit Repair Expert (National Credit Fixers - Matt Listro) over 4 years ago

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