Wednesday, Jul 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

"Who is going to shoot Obama?" - Paul Broun Reacts.

News image

In a town hall meeting in Olethorpe County, Georgia last Tuesday, some old wingnut from the audience asked Republican Rep. Pa...

Read more

Death Penalty for Patrick Gonzalez

News image

The killer of a wealthy Florida couple with nine special-needs children, Byrd and Melanie Billings, has been found guilty on 2 ...

Read more

Child Rapist Gets Beaten By Neighorhood

In Philadelphia, a man sought for the raping of an 11-yo child was ambushed and beaten by angry neighbors. He ...

Read more

14yo American Arrested for Mexico Cartel Murders

News image

Four gruesome beheadings committed by the Mexican drug cartel. The hitman has a nickname, El Ponchis, a 14yo teenager named Ed...

Read more

Glenn Beck's Divine "Batshit Crazy" Providence

News image

Looney Glenn Beck had a spiritual epithany to explain Romney's low poll numbers! It is God's Hand of Providence! It is...

Read more

She Dialed 911 for Lack of Shrimp

When I hear one stupid thing that takes the cake - along comes a new and over-the-top stupidity. In Fort ...

Read more

Anchor suspended for suggesting lynching of Tiger Woods

{youtube}1ARQqKPaDf8{/youtube} The Golf Channel has suspended for 2 weeks one of it's anchors Kelly Tilghman for suggesting on air that ...

Read more

Argentina Signs Gay Marriage into Law

News image

The first country in South America to legalize Gay Marriage. Muchas Gracias! Argentina is so far ahead than the good ol...

Read more

US Spy Satellite may fall to earth

A US spy satellite is malfunctioning and could fall to the Earth. "A "large" US spy satellite has gone out ...

Read more