Saturday, Aug 30th

Last update:04:20:51 PM GMT

GET OUT OF THE RENT TRAP. THE TIME IS NOW.

E-mail Print
Share
Get out of the Rent Trap!

Hello Everyone, If you are a first time home buyer, now is this time to get out there. Interest rates are at an all time 39 year low - around 5.8 for a 30 year fixed rate mortgage. The housing stock is double what it was 2 years ago and the sellers are responding with lower prices and concessions.
Although actual ... (read more after the jump)        http://www.cyprus-online.com/buy-sell/resales.html

 

... sales prices are lower nobody is giving anything away.
The real however has been put back into real estate. A 18 months ago, the sellers were reaching for the golden ring and today they have come to appreciate the market has changed. Generally there is a one year lag time between market conditions and the seller’s response. They are finally responding to market conditions with realistic pricing and expectations.

This is a good time to move from the sidelines and back into the market place taking advantage of low interest rates and the huge housing stock. Be prepared to look at 20 to 30 homes.

Cheers everyone!


Add comment

Security code
Refresh

Latest Comments

From the Forum

Article Roundup

Bush Exit Interview

Bush is leaving office with his head held high - according to an interview with ABC News Charlie Gibson. Meanwhile, ...

Read more

Scam Alert - Watch Where You Swipe

News image

Add this to the growing list of things you watch out for in your daily travels.  Scammers have a new wa...

Read more

Blogs I Like or Sites that Don't Suck

I figured now I would take a little 5 minute break from the political and serious and take a short ...

Read more

Karl Rove Says McCain Ads Stretch the Truth

Looks like all of the little Bush rats are jumping ship.  Karl Rove, of all people, has now gone on ...

Read more

Spit, Boogers and Video Tape - Disgusting Domino's Pizza Employees on Tape

File this under why one should not eat fast food.  The Domino's Pizza employees in the following videos show themselves ...

Read more

Jobless Grad Sues College

News image

A 27yo college graduate is suing the college she attended for $70,000, the amount spent on her full tuition, because she ...

Read more

Ecuador to Creditors - The Check's In the Mail

Ecuador has just announced its plan to default on the over 10 billion dollars in debt....

Read more

Attacking Gays is Now a Hate Crime

News image

Progress! Justice! In New York, 2 men were charged with the Federal Hate Crime for brutally beating up an openly ...

Read more

Satan has jokes

Cheney makes jokes about Obama and Clinton.  Not funny devil boy...not funny...especially coming from you.  Keeps calling Obama his cousin.  ...

Read more