In light of current news, many people believe the changes in the real estate market are not favorable. However, there are several positive points to remember. If the opportunity presents itself during the year, please do your part to spread the following great news!
Interest rates continue to be at historic lows
Houses are attractively priced and not expected to go lower
Inventory levels are plentiful and in some areas declining
Average homeowners net worth is 46 times the net worth of the average renter
First time homebuyers are coming out of the woodwork, which is a key indication of recovery.
"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful . . . if you wait for the robins, spring will be over."
~ Warren E. Buffett ~Chief Executive of Berkshire Hathaway, a diversified holding company.
Lydia Varela Creasey
Certified Short Sale Specialist
For the latest listings please visit www.boulderhomesource.com
By the way, if you know of anyone interested in buying or selling a home, I would be happy to help!