Comments on: Buyer (Still) Beware http://www.prucalvoices.com/2009/09/buyer-still-beware/ Conversations in Real Estate Wed, 08 Feb 2012 15:43:51 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Lee Ginsburg http://www.prucalvoices.com/2009/09/buyer-still-beware/comment-page-1/#comment-1746 Lee Ginsburg Sun, 27 Sep 2009 05:46:57 +0000 http://www.pruvoices.com/?p=1873#comment-1746 Dean, A home purchase should be thought as long term. So if they buy with today's low rates they are set for hte next 30 years. These are record lows. Take advantage of the record low interest rate and record low Bay Area Home Prices. When I give Home Buying Seminars I tell people today is like the "Day after Xmas Sale". When I purchased my home in 1982 I paid 14% interest. Wow1 What a deal today is. What other industry will hold their price for the next 30 years. Incredible. Today is "The Perfect Storm" Lee Dean,
A home purchase should be thought as long term. So if they buy with today’s low rates they are set for hte next 30 years. These are record lows. Take advantage of the record low interest rate and record low Bay Area Home Prices. When I give Home Buying Seminars I tell people today is like the “Day after Xmas Sale”. When I purchased my home in 1982 I paid 14% interest. Wow1 What a deal today is. What other industry will hold their price for the next 30 years. Incredible. Today is “The Perfect Storm”
Lee

]]> By: Shokoofeh Nowbakht http://www.prucalvoices.com/2009/09/buyer-still-beware/comment-page-1/#comment-1727 Shokoofeh Nowbakht Sat, 19 Sep 2009 19:53:46 +0000 http://www.pruvoices.com/?p=1873#comment-1727 Dean, I keep telling buyers that is is a buyer freindly market. Fortunately, many are taking advantage of this. A friend of mine bought his house several years ago at an interest rate of 14%. He has refinanced and now pays only 4.5%. I'm not an economist, but hope to see the buyer friendly trend for a little longer. Shokoofeh Dean, I keep telling buyers that is is a buyer freindly market. Fortunately, many are taking advantage of this. A friend of mine bought his house several years ago at an interest rate of 14%. He has refinanced and now pays only 4.5%. I’m not an economist, but hope to see the buyer friendly trend for a little longer.
Shokoofeh

]]> By: Larry Franzella http://www.prucalvoices.com/2009/09/buyer-still-beware/comment-page-1/#comment-1723 Larry Franzella Fri, 18 Sep 2009 18:57:13 +0000 http://www.pruvoices.com/?p=1873#comment-1723 Great prices, great rates = great time to buy! Great prices, great rates = great time to buy!

]]> By: Brian Boisson http://www.prucalvoices.com/2009/09/buyer-still-beware/comment-page-1/#comment-1718 Brian Boisson Thu, 17 Sep 2009 15:18:44 +0000 http://www.pruvoices.com/?p=1873#comment-1718 Dean, Thanks for your thoughtful post and I 100% agree with all the points who brought up. One in particular stands out is that how fast the market changes and you don't know it has changed until it has! Amen! I can think of numerous instances of markets changing so fast and clients saying "I wish I would have....". The early 80's, late 80's, early 90's, the period after 9/11/01, all come to mind. Never try to second guess the market, make your move when all the facts work in your favor! Brian Dean,

Thanks for your thoughtful post and I 100% agree with all the points who brought up.

One in particular stands out is that how fast the market changes and you don’t know it has changed until it has! Amen!

I can think of numerous instances of markets changing so fast and clients saying “I wish I would have….”. The early 80′s, late 80′s, early 90′s, the period after 9/11/01, all come to mind.

Never try to second guess the market, make your move when all the facts work in your favor!

Brian

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