To Buy or Not to Buy…That is the question???

Here is an article that may be a spark to prospective home buyers…
Cheaper to buy than rent in 78% of major cities

Trulia: Dropping prices and rising rents boost affordability

By Inman News, Thursday, April 28, 2011.Inman News™

It is cheaper to buy a home than to rent one in 39 of the nation’s 50 largest cities, according to a quarterly report released today by real estate search and marketing site Trulia.

Trulia’s rent vs. buy index compared the median list price with the median rent on two-bedroom apartments, condominiums and townhomes listed on Trulia.com as of April 1, 2011, in the 50 most populous cities in the U.S. While 72 percent of the cities favored buying in the previous quarter’s report, 78 percent favored buying in this latest report.

“With home prices nearing a double dip and more foreclosures expected to flood the housing market over the next two years, the decision between renting and buying a home across most of the country has clearly moved in favor of buying,” said Ken Shuman, Trulia’s spokesperson, in a statement.

“As we head into the summer buying season, those looking to buy a home should be encouraged by improvements in the market and feel optimistic about their chances of finding an affordable home — much more so than in previous years.”

So you have it, another sign that the market is favorable or looking more favorable to the buying market.  Good luck and Go Do It !!!

WAKE UP!!

Wake up everyone!!!  In this buyer’s real estate market, why are buyers still sitting on the fence?  The interest rates are at the all time low and what are you waiting for???

Haven’t you ever felt that you always seem to “miss the train?”  I hate to break it to you, but if you don’t grab your luggage’s and paperwork, you will miss it again.  Buying a house is here for the taking.  Of course, it won’t fall in your lap.  There are preparations needed.  All I’m saying is, what more do you want to happen.  If you have the nest egg, financial stability, family support, perseverance,  etc… then let’s make the move.  There will always be an excuse if you are not really ready to make the purchase.  But if you are ready and excuses are flushed away, then GO DO IT!!!

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Social Media = House Hunting?

My social Network on Flickr, Facebook, Twitter...
Image by luc legay via Flickr

Wow. I just attended a seminar about the world of social media.  There’s the infamous Facebook, Twitter, Tweetdeck, My space, Etc…  I left there feeling so hyped up and ready to get onto my computer to activate and start my road onto this endless journey.  Only I realized that as I sat here, in front of my beloved computer, that I was key frightened and numb again as to what the heck I just tried to learn.  Well that is the same feelings some of my clients get when they start their journey to house hunting.  The best thing I got out of this seminar was to take it one step at a time and not to rush into something beyond my comprehension.  Like house hunting, take it one step at a time.  Don’t try to do everything at one time.  Make a plan, set your time goals, ask all the questions needed to get you to do what you had set out for.

Always remember..persistance pays off.