Sunday, September 28, 2008

Fall is Here!

Football seaseon! Good times but you will find me in an open house with a little tv and a make shift antenna. Real Estate picked up then slowed down and picked up but that is just the way it has been for a while. Right now is the #1 time to buy a home in the last 20 or more years. Reason being, Interest rates are under 5% for a 30 year fixed loan, inventory is still up and prices are down. It is also a great time to build. Lot prices have taken a dramatic drop in the last year. Your typical flat lot was anywhere from 45-50 thousand dollars and today you can get lots all over the place for 30-40 thousand. That gives you a $10,000 reduction right off the top. It truly is a great time to invest in real estate. Well Have fun and come see me at my open house!