Real Estate News You Can Use!: Suze Orman Said There Are Deals To Be Had.....2 Years Ago

Suze Orman Said There Are Deals To Be Had.....2 Years Ago

Suze Orman Said There Are Deals To Be Had.....2 Years Ago

Here we are, two years later and it's the best time to buy a house. Better than two years ago. Housing prices are low as well as mortgage rates. If you have the money for a down payment and closing costs, now is the perfect time to buy. Mortgage rates are at historic lows. If you are sitting on the fence, get off that fence now. I've heard buyers say that they are in no rush. That is all well and good, but, do not wait too long because you could end up regretting it.

Enjoy your day!


NYS Licensed Real Estate Agent

lindenhurst ny realtor


century 21 aa realty jackie connelly fornuff
Cell:
(631)
703-0201
Office: (631) 226-5995 Ext. 242
Email: JackieC@century21aa.com
Website: www.longislandrealestatelady.com

Blog:
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Skype ID: LIRealEstateLady
           

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Comments

Jackie,  Never a better time!  Have a Great Week!

Posted by John Howard GRI Mountain Home, Arkansas 870-404-3614 (Century 21 LeMac Realty) over 1 year ago

Hi John, You got that right! You have a great week as well!

Posted by Jackie Connelly-Fornuff Century 21 AA Lindenhurst NY Real Estate (Lindenhurst Babylon West Babylon N. Babylon West Islip Islip) over 1 year ago

There is no bad time, wrong time to buy a home, any other real estate. Just do your homework, study the market and zero in on the best price, financing package if there is one that can be had.

Posted by Andrew Mooers | Northern Maine Real Estate / Aroostook County Broker (MOOERS REALTY) over 1 year ago

Jackie, 

I think because real estate prices and interest rates have stayed low and folks are a little afraid of where the economy is still going, that a lot of folks are leasing.  We're seeing a lot of fence sitters in the high end lease market, could definitely buy, but are holding off. 

All the best, Michelle

Posted by Michelle Francis Realtor Buckhead Atlanta Homes for Sale & Lease (Tim Francis Realty) over 1 year ago

It is an incredible time to buy if you have the credit...how long this last is anyones guess. I can't believe the rates have stayed this low this long

Posted by Pat O'Reilly (RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth) over 1 year ago

Hi Andrew, doing your homework is where it's at.

Hi Michelle, Being unsure of the economy is the main factor these days.

Hi Pat, I'm surprised that mortgage rates have been low this long. Earlier in the year the Feds stated that by the end of this year, rates would be up to 6%. That remains to be seen!

Posted by Jackie Connelly-Fornuff Century 21 AA Lindenhurst NY Real Estate (Lindenhurst Babylon West Babylon N. Babylon West Islip Islip) over 1 year ago

Great video Jackie.  Two years ago houses were at an all time low.  Our market has begun the recovery, so people who were waiting for bottom missed out.  However, the interest rates are lower now, so it's still a great time to get out there and buy.

Posted by Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORSĀ®, Gainesville, VA) over 1 year ago

Hi Chris Ann, We seem to be bottoming out now. When I compared 2009 to 2008, there was a 15% decrease in Lindenhurst closed home prices. So far this year it's at 1% compared to last year. Like you said, mortgage rates are extremely low right now. Having good credit, the down payment and closing costs, it's a no brainer to buy a house now!

Posted by Jackie Connelly-Fornuff Century 21 AA Lindenhurst NY Real Estate (Lindenhurst Babylon West Babylon N. Babylon West Islip Islip) over 1 year ago

Anyone who is in a position to afford a home now had better get off the fence and start looking! If interest rates and housing prices begin to climb, even the slightest increase could mean the difference between home ownership or renting for an indefinite period of time.

Posted by Craig Rutman Raleigh/ Cary/ Apex area Realtor (Helping people in transition) over 1 year ago

Hi Craig, I agree completely! NOW is the best time, period!

Posted by Jackie Connelly-Fornuff Century 21 AA Lindenhurst NY Real Estate (Lindenhurst Babylon West Babylon N. Babylon West Islip Islip) over 1 year ago

Hey Jackie, great video and Suze Orman always offers wonderful advice for everyone on pretty much just about everything...especially with finances.

Posted by Laura Cerrano and Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) over 1 year ago

Hi Laura, Suze always does. I've learned a lot from her! Have a great day Laura :)

Posted by Jackie Connelly-Fornuff Century 21 AA Lindenhurst NY Real Estate (Lindenhurst Babylon West Babylon N. Babylon West Islip Islip) over 1 year ago

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