Unfortunately we keep getting inundated with negative news about the housing market. There is no question that in some areas of the country the market is bad. Home loans made to borrower’s who could not afford them in the long run coupled by depreciation in value are fueling the vast majority of the problems. But not in our area! The Rochester area has been fairly insulated from this mess.
In Rochester, I think, our housing market problems continue to be a result of the media reports which have made both buyers and potential sellers extremely skittish. But, out of this adversity comes an incredible opportunity, first for buyer’s and then for sellers.
What I have been noticing lately is the affordability of the existing inventory and the value that can be found in every corner of the community. When a buyer joins this affordability with low mortgage interest rates, opportunity abounds!
The Rochester real estate market provides buying opportunities for both owner-occupants and investors. If you are thinking about buying a first home or a new home, NOW is the time to buy! If you want to increase your investment holdings, NOW is the time to buy!
Contact me today so that I can help you take advantage of the Rochester Buyer’s Market Today!
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Real Estate News
Wednesday, April 9, 2008
Did You Know it's a Buyer's Market Out There?
Posted by Carmen Lonardo at 5:42 PM 0 comments
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