The age old question "if now is the time to buy" or " is the market still declining "? I wish I had the concrete answer. Here is my professional opinion.
If you are considering buying for a 5 year plus investment then there could not be a better time to buy. The inventory is saturated with oprtion. The buyer is in control. Buyer can get great deals and have a beautiful home in neighborhoods that in the past were unreachable.
Historically, real estate has always been a great investment. Yes values go up and then go down. However, long-term , unless you use your home like an ATM, you will gain equity and get a great return when you sell later on.
In this market, a great realtor that will due their due diligence to discover if the home is priced correctly could never be more valuable. If the property is overpriced it is the realtor's job to let the client know the true facts if it is a "hot" price they need to inform the buyer that , yes folks, the home will sell quickly. I still see properties sell in 5 days if aggressively marketed and priced.
The buyer needs to see value before anything else.
For more information visit http://www.homesbycidalia.com
Cidalia@kw.com
Cidalia Mendonca Matuaks
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