Suburban Philadelphia Real Estate News

head_left_image

It's OK to Buy!

In this real estate environment, many people are anxious and confused by what they are hearing from their friends, family, and the media.

Prices are going down...  Rates are going up...  I can't get a loan approved...  The FHA Inspectors will never pass my home...  There's too much inventory to sell now...  There's too little inventory to buy since no one will sell at these prices...

You get the idea.  There is always an excuse not to do something on any given day in any given market.

The reality, thankfully, is quite different:

It's Time to LookPrices are down. For buyers you can buy more for any given price range.  For sellers this is a great time to trade up, the leverage is working in your favor.

Rates are down. This is good for everyone.  It makes the market more fluid, allows more people to enter the market, and particularly for investors, can really add to the cash flow on your investments.

Incentives are up. Particularly for first time home buyers who qualify there is now an up to $8,000 incentive waiting on your next tax form.

Motivated Buyers and Sellers are here. As the press drills the bad news day in and day out, sellers can become nervous and certainly motivated to work with potential buyers.  Any buyer in this market is ready to buy now.  They have all the reasons in the world to put off the decision, if they are looking - they are serious in today's market.

You can't call the bottom - none of us can, but, regardless of the short term price moves, over the long term the market has always gone up.  With a purchase at these rates and price levels, you can enjoy your home or investment for years to come while minimizing the stress of  high debt and monthly payments.  You just need to take the time and energy to make it happen!

Call me now.  It's OK to Buy!

Let me know what you're planning for your next move.

 

 

Comment balloon 0 commentsDavid Henke • May 03 2009 10:59PM
It's OK to Buy!
share
In this real estate environment, many people are anxious and confused by what they are hearing from their friends, family, and the media. Prices are going down… Rates are going up… I can't get a loan approved… The FHA Inspectors will… more
Ardmore Ave Station SEPTA Rt 100 High Speed Line Haverford PA
share
Today, we have the opportunity to visit the Ardmore Avenue Station of the SEPTA Route 100 High Speed Line. The SEPTA Rt 100 High Speed Line runs from the 69th Street Terminal in Upper Darby Delaware County to Norristown Montgomery County. … more
Local Finds: Spring Horse Racing in Southeastern PA, DE, and MD
share
Southeastern Pennsylvania and Delaware have a long deep history of horse racing. The area has always had hunt clubs, steeple chase races, and track racing and we are now in the middle of the spring season. Delaware Park in New Castle… more
Runnymeade Farms Homes in Edgmont Township PA
share
Conveniently located off Providence Rd just south of the West Chester Pike (Rt3) in Edgmont Township PA, Runnymeade Farms remains one of the most popular housing choices in the region. Encompassing everything from small condominiums up to large… more
Tinicum PA - History & Homes in the 1st Permanent Settlement
share
Hidden directly below the western flight approach to the Philadelphia International Airport is one of the key sites in Pennsylvania history. After struggling for several years in their initial 1638 settlement at Fort Christina (now Wilmington,… more
Happy Birthday WAWA
share
Congratulations WAWA on the big 45! For those of you in the area, nothing else needs to be said. For others, the Philadelphia Inquirer probably gives the best anniversary details To another 45! … more
Media PA SEPTA 101 Trolley Orange St Stop
share
Well, today we're at the end of the 101 Trolley Line in Media PA Delaware County. The SEPTA 101 Trolley runs from the 69th Street Terminal Station out to just west of Orange Street on State Street in downtown Media. The final stop is just two… more
Graylyn Crest & North Graylyn Crest are Great North Wilmington DE…
share
With their ideal location, Graylyn Crest and North Graylyn Crest have remained popular North Wilmington housing choices since their construction in the late fifties through early sixties. These Brandywine Hundred communities with over 800… more
Happy Easter!
share
Happy Easter Be sure to enjoy the Holiday Weekend with your Friends and Family! more
Green Notes for Delaware County PA Homes
share
As we enter firmly into spring, it's a great time to clean up, clear out, and get your home ready for summer. It's also important to remember not to forget to continue to attend to the environment. Just a few reminders as we enter the outdoor… more