Home prices increase for fourth month?
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| From Misc Desktop |
That old Economy 101 is showing off once again. When you have a lot of buyers out in the Real Estate community that are wanting to purchase real estate, then you couple that with very little, poor, or a majority of short sale inventory – you are going to watch as prices increase.
The other factor that has not been spoken about with this particular article is the pending Foreclosures and Bank Owned Real Estate. Also we have the ARM’s arming and the Negative Amortization loans maturing. Which is providing that the future will have Foreclosures come onto the market like gang busters.
There are very few “regular Real estate sales” in this current market. But to sell now is not the BEST option. However, there are a multitude of factors that can be responsible for your need to sell. Make sure you have your Agent obtain for you a Net Sheet that reflects the Negotiated commission and the other costs, you as a buyer, will be responsible for.
We do this for each one of our sellers and it will show you what you will be walking away with in your pocket after the home is sold. Good Stuff and Be Safe.
Home prices increase for fourth month – Real estate- msnbc.com.
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