Wednesday, December 19, 2007

Ready for an upturn??


Well if you ask the media they will tell you that the real estate market is going to hell in a handbasket. If you ask most lenders they will tell you that it is the best time in the world to buy a house and they can give you the best rate in town! As a realtor, I'll tell you something a little bit in the middle. No the market has not gone to hell in a handbasket. And Yes it is a good time to buy a house. But now more than ever you need to become an educated buyer. With more inventory on the market and rates continuing to drop, do your homework. Now is a fantastic time to buy a house......if you know what to look for. With all of the inventory stacked up ( but slowly selling off) it is a good time to do some shopping. You have more time to look at your financials, talk to professionals that care about your investments, and most importantly way your options. There are some great deals to be made in today's real estate market. Especially in new construction. Don't be afraid to ask builders for closing costs, price reductions, and free upgrades. They have inventory and are trying to push their exsisting homes so they can start building new ones. I speak from experience. I am buying a home just outside of Nashville. I was bold yet respectful with my demands. The builder agreed, and now we have a win win situation for all.

So don't listen to the media's talking heads telling you that the sky is falling. It is a great time to invest in real estate, just make sure you are working with a trusted professional that has your personal interest at heart. There are deal out there, you just need to know how to find them. Thanks for stopping in and God Bless.

Nick Woodard
Keller Williams Realty
Franklin, Tennessee
615.566.9839
nick@nickwoodard.com
www.nickwoodard.com

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