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Category >> real estate market

Jun 29
2008

Life is Busy, Gas Prices Will Stop When? and What About the Housing Market?

Posted by Tammy Stone in real estate markethigh gas pricesforeclosuresforclosuresfirst time home buyer

WOW! It's been a long time since I blogged on my site.  So sorry to my avid readers!  Life is busy, there is real estate, more real estate and oh yeah, don't forget about life in general... kids, kid's baseball games, activities, maybe supper once in awhile.  You get the drift... life just gets hectic sometimes.

Good things have been happening and greater things

are right around the corner.  Right now, if I could give you my perspective on things and answer my most asked question, "What's going on in the market?"  I would say that we are going through another change.  (Duh!)

  In all seriousness, consumers are becoming more aware of the cost associated with the higher crude prices, how that affects not only their gas bill but items related to it such as groceries. 

My question to you ~ Are we finally going to become more cost conscience and not be so heavily indebted?  If you haven't realized it by now, the reason for a lot of our foreclosures and other problems were not just the lending institutions overlending or setting people up on A.R.M. (Adjustable Rate Mortgages) but HELLO, we were the ones borrowing the money, right?

The "REAL" Estate Market 

My goal in helping you find that perfect home is to find the home and PRICE RANGE that you can comfortably afford.  I hate coming back to a home and knowing that it's about to or already has gone in foreclosure.  It truly is sad for me to see. 

On the flip side, because of all the foreclosures, it truly is the time to buy.  I don't believe that we will ever see a time like this when we can get so much for our money.  Now, we don't need to overextend ourselves but with the deals that are out there... NOW is the time to buy!  Did you catch that... "NOW is the time to buy!"  The Donald Trumps of the world are not waiting to later.  They buy when the stocks (housing/or other investments) are low and sell when they are high.  That's why he is a multi-millionaire.

So, what's holding you back.  Many people have mentioned that they are just not sure when gas prices are going to stop.  If you have the money to do so, you may want to consider buying a house.  Let's say you qualify for $150,000.00, my suggestion would be to look at a home for $100,000.  You have no allowed yourself room in your budget to handle whatever happens in the outside world and forces we can't control as well as providing equity.  The housing market runs in a cycle and just like economics, it has to come back around.  Call or email me ( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ) to find the home that is within your budget and will be of great value to you in the future.  Food for thought!