Posted on January 12, 2009 - by admin
I live in north Florida, andy real estate agents with some advice?
Almond_Joy82 asked:
I live in Jax., FL and I am thinking about buying but I don’t know if now is the best time or if I should wait a year. Houses seem so expensive right now but I don’t want to wait until I can no longer afford one.
Property in Bulgaria
I live in Jax., FL and I am thinking about buying but I don’t know if now is the best time or if I should wait a year. Houses seem so expensive right now but I don’t want to wait until I can no longer afford one.
Property in Bulgaria
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January 16, 2009
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Hi there, it is only a good time if you think that you can afford it. I would go through a service to start looking at homes and see what is out there for you. Let me know if you need help with this!
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January 18, 2009
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The housing market is on the rise and my advice would be to at least see what you qualify for and check your local market to price houses. You may find something reasonable that fits your budget that in a years time will not be an option. If you have any questions about aquiring and/or looking for a mortgage I can help you out, I am in Tampa and servive all of FL in regards to mortgages. PLease contact me @ if you have any questions or if you would like to see where you stand.
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January 19, 2009
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Need a good realtor for you area? I work with a network of realtors nation-wide
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January 23, 2009
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Keep in mind………..
Times and markets are changing!
In California with average homes selling well over $500,000, a 20% decline is $100,000! In any market ‘timing is everything’! So, could you afford a loss of 25% of your investment all because of poor timing???
This last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.
From 1990 to 1996, the average home in San Diego lost 20% of its’ value! The cycle we are now enterng looks like it could well exceed that on the downside!
With all the 100% financing, interest only loans, EZ qualifing etc…even a slight decline will cause many to be unable to sell for the amount due on their loans!
For some great ‘insider’ articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years…..visit: