The National Association of Realtors says the market should recover in 2008. Homebuilders will limit new construction in 2008, and thus help the overall inventory. Read more in this article from "Originator Times":
http://originatortimes.com/content/templates/standard.aspx?articleid=2462&zoneid=5
Need to buy or sell, give me a call. Let's get creative, and get you your dream home, or allow you to move on. Feel free to call 24 hours/7 days, 1-800-818-7629.
Do you think the market will recover next year? Please post a comment.
Monday, July 23, 2007
The Housing Market Should Recover in 2008
Lumber Prices Are Down, Great Time For Home Improvements
The only silver lining to the housing slump... lumber prices are down. So maybe it's time to add a deck or do other home improvements. Read more in this article from RISMedia:
http://www.rismedia.com/wp/2007-07-20/timber-thank-the-housing-%E2%80%98slump%E2%80%99-for-lower-lumber-prices-other-materials-dont-budge/
Homes in Charlottesville are still selling... depends on price, location, and negotiation as well as having a good buyer agent and listing agent. Cooperation is the way to go when trying to buy and sell a home in this market.
We are seeing constant price reductions, and your home can sell. But maybe not for as much as it would have at last year's prices, which were somewhat inflated because it was a buyer's market.
If I can assist you as a buyer or seller in any way, please call me 24 hours/7 days, 1-800-818-7629 or email me kehoe@move2va.com.
Raise Your Credit Score In Only 3 Weeks
Here's a wonderful article from "Originator Times" on "Seven Simple Steps to Raising Credit Scores in Only Three Weeks", I think many will find this helpful:
http://originatortimes.com/content/templates/standard.aspx?articleid=2471&zoneid=5
In this housing market many will need creative lenders to assist.
The best way to buy a home is to first find a creative lender you can trust.
You'll need a team to help you: mortgage lender, realtor, and closing attorney or title company.
If you'd like, I'll email you a list or mortgage lenders and attorneys/title
companies I recommend in central Virginia/Charlottesville. Please email me (kehoe@move2va.com) or call me (800-818-7629) 24 hours/7 days for a free list.
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