January 28, 2008

Buyers, Where Are You?

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If we know it's a buyers market, why aren't more buyers in the market? Good question! My best guess is the negativity is coming from the markets that are in the tank. We are not in the same market as California, Nevada, Florida and Arizona…. so why are we treated like the rest of the country? 

With interest rates in the very low 5's, how come my phone has not been ringing off the hook? It's pretty clear to me, perception is driving the market in Northern Colorado and not reality. With Northern Colorado being caught in a relatively stagnant market over the last few years, we have not seen the high, highs or the low, lows.  

If you need a place to live, buy. If you need a place to live but also think of it as an investment, why not buy low and hopefully sell high? Seems practical and dare I say logical as well.

We are at the bottom of the up and down curve, interest rates are very low and housing choices are plentiful. When will their be a better time to buy?www.nocohub.com/2008/01/18/171/

Real Estate is Local, Even Hyper Local

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