The end of 2010

Well it's been a long year for us in the Real Estate business. Luckily, and thankfully to all of you, we have had another good year. That doesn't make it any easier, but we are very lucky and grateful that we are still doing well in this economy.

Many people have asked us why we have done so well throughout the housing collapse. I believe that most if it is our attitudes. We believe that the current bad market is only bad if you are trying to sell your home. With that said, if your home is priced correctly, it will sell. In todays market, it's all about price. So yes, it's tough to sell your home today...but have you seen how great it is to buy a home right now?

This past several months have been an incredible time to buy a home. I feel bad for those who have decided to wait. I know that they have most likely missed out on the opportunity of a lifetime. Rates have climbed from 4.125% a couple weeks ago to 4.75% today, Dec. 13. Prices have been level now for almost a year and I don't see them going down any further than they are currently listed. Do I know that for sure? Of course not, but our average price in the county last year was $117k and I believe this year we are going to end up right around the same price. We have bottomed, but I believe we did that a year ago. Right now it's really about figuring out when the home prices are going to start going up. We know that the more interest rates go up, the less buying power you have.

So if you have been thinking about buying a home, this is probably your last chance before interest rates go up as well as home prices. As always, if you need anything, that's what we are here to do....help.