Getting a Great Deal!
We are in a shifting market, there’s no doubt of that. I’m mean from just Feb-March about 25% of real estate brokers up and left the business! In a month, can you believe it. No wonder the public is an in uproar, when the people that are SUPPOSE to understand the market panic, and leave the business.
Well here’s what’s happening, as it always happens, real estate is acting in cycles. Right now we are in a strong buyers market. This is going to mean strong competion between sellers, and more on market for buyers to choose from. People might say that this is a crash, it’s a dip, that is proportional to the massive boost in real estate that we’ve been seeing for th better part of the last decade. The real estate market became bloated by the over appreciation of homes.
What people don’t seem to understand is that this is exactly what needs to happen for our market to maintain, it cannot always be a buyers market, or a sellers market. Things have to transition and stay in balance.
If you’re buying and selling in the same market, in the same price range, it’s really a wash. If you’re moving up, it works in your favor, if you lose 5% on the home your selling you have to take into account the money that you will save on your next home purchase.
Jason H. Gomes
www.GomesHomes.net
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