Is Now the Time to Buy? Buyers sure are saying so!
By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
Well, I was looking at a blog I wrote in 2008 showing times to buy prior to the Economy Collapsing and I may as well say.. Not even all the bad press is sending Buyers for my commercial property, residential fixers and Income Property away right now. I am getting offers and mulitple offers on all my listings in a variety of nieghborhoods. Mostly all cash offers and all those who were saving their cash are now starting to buy. Why, well take a look at the Calif. Association of Realtors Economic Figures and you will see why. Highlights of C.A.R.'s resale housing figures for August 2010: C.A.R.'s Unsold Inventory Index for existing, single-family detached homes in August 2010 rose to 6.1 months compared with 4.6 months in August 2009. The index indicates the number of months needed to depl...
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