The Informed Homeowner.

That is exactly what I want you to be. I comb articles, statistics, and current events relating to real estate to help you be informed. I have been saying for quite some time that our market is stabilizing, and now the "Mercury News" finally has printed just that. Please remember that they only print what sells, and lately the doom and gloom has been great press. Well now they realize it is a dead horse and that in fact they say there are indicators that the bay area is "nearing a bottom..., and the pace of general economic decline is slowing". What that means is if you have been sitting on the fence to buy: waiting for the bottom, you should start to move now. If you wait until you begin to see an actual up swing, you will be too late. The market will pass you up, be it the right home is no longer available or the interest rates have changed, or even that loan program is no longer available. And face it, any investment in this bay area is so superior to any where else(the valley for instance). We did loose value, but not below the realistic value. All we lost was the artificial inflated value. We continue to be a "pricey" area, and our economic diversity, and weather will always command that premium.

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Last Updated (Monday, 30 March 2009 13:01)