The wait is over, the time to buy is NOW!
“The housing market has touched bottom and it is now only a matter of time until home prices stabilize”
· There is less than an 8 month supply of inventory on the market at the current sales pace (lowest level since 3/07)
· If prices fall anymore, it will be due to unemployment rising. Currently at 9.9%, expected to cap at 10.5%
· More supply will hit the market (Sellers Defaulting) and the additional supply will outpace demand
· Mortgage Rates are still attractive but will not last. The FED has agreed to slow the pace of buying mortgage backed securities
· Nationwide sales are up 24% since their bottom in January
The wait is over, the time to buy is NOW!
Equal Housing Opportunity
http://www.tonykazi.com
REALTOR (R)
Licensed in CA, #01369714
Cell: 510.828.8435
Fax: 866.535.0129