There are lots of homes for sale. In some areas, prices are down from just two years ago. If you're seeking a bargain, homes in parts of East Oakland are the lowest they've been in years. This all happened pretty quickly, and prices may return to their upward climb in the next year or two. So this is a great time to buy a home or residential income property.
If you have good credit, interest rates are near historic lows. It is harder than it was to qualify for a loan, so make sure to talk to a lender before you begin to look at homes. It is unusual to find lower prices and low interest rates at the same time, so take advantage of this opportunity while you can.
If you already own a house, and want something better, now's a great time to buy. You probably have equity in your home, which gives you a sizeable downpayment on your next home, keeping your payments down. Now is the time to buy a larger home or move to a more desireable location. If prices are down, and you are moving to a larger house, you may save some money. Don't hesitate.
Call me today and let me help you find a better home for your family.
Barry Lefsky 510-495-7404
blefsky AT sbcglobal.net
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