Is it time to buy?

Yes.

In 1980 I experienced my first layoff as a young engineer in corporate America. My wife and I just got married and within 6 months of renting, we bought a townhouse. I hated renting and wasting money! Our mortgage rate was 11.5% FHA !!!! In 1983 I took my second position near Boston and my mortgage rate was 16% !!!!

Sound familiar !!! Times are bad, the recession is hurting a lot of people. My advice is to get into the real estate that you need or want and stay there for awhile. Whether you need to upsize or downsize if you wait for prices to drop, rising mortgage rates will eat up the savings. Mortgage rates are near 4% now but in coming years with hyper inflation ( a given after a recession ) mortgage rates could easily be double digits !!

The market in Parkland is turning, our last listing sold in 2 days ! Move-in condition homes with water views are now selling in days as well. We have buyers waiting on water view properties.

The market is a bargain, the best time to buy, or sell and buy !

Call us for details.

Gary August 2011