Tuesday, May 12, 2009

The Scoop on Housing in 2009

Submitted by:Kathy Moore Cloud, Realtor, Boerne Office
What’s in store for housing in 2009?
Well, there’s oodles of good rates, that’s for sure. The best I’ve seen in years and plenty of people well able to afford to buy a home. So why aren’t they ? Fear. Plain and simple. They’ve bought into the media doomsday reports and have not looked at the local picture. Fear of making a mistake. That’s what it is. But you know what? Mistakes are made from lack of knowledge. If YOU want to get ahead of the pack, simply get informed, contact your local Realtor, check out the market firsthand. There is no better time than now to KNOW whether or not you can buy into a future for your family.
Quote from an email Heidi Nereson of Trinity Mortgage’s January 5, 2009 update in Mortgage Minutes: “prices can only fall so low. We can say, with some certitude, that we are definitely closer to a bottom than to a top, which is why we will be surprised if we're not writing about a stable, likely rising, housing market this time next year. After all, people can overlook bargains for only so long, so we expect the number of bargain hunters to swell considerably in 2009.” Get in the KNOW. Now. Not later when the prices go up along with the rates! For more infomation on properties in Central Texas, contact Kathy Moore Cloud at bradfieldproperties.com/KathyMooreCloud or email her at KathyMooreCloud@bradfieldproperties.com