http://www.boston.com/realestate/news/articles/2008/04/20/market_drags/?p1=email_to_a_friend
This link to percentages of distressed properties in the Boston area is pretty interesting. Go to boston.com for the complete article. The news isn't getting any better! It's difficult to remain confident when the news covers only the negative aspect of the market. Currently, there are 36 properties under contract in Beverly. That says Buyers are confident and feel they're getting value! That's GOOD news! When and where do we see those figures reported?
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4 comments:
That's a great point Linda. I have been involved with several properties that have been scooped up quickly in this market. The lower prices now actually give lower income people a chance to purchase.
Thanks, Jory. You're absolutely right! Every market creates opportunities. This market creates a whole new option for many who could not get into the housing market before. Unfortunately, "getting into the market" requires a level of confidence and reassurance that you're doing the right thing. The negative press and "doom-and-gloom" atmosphere that's pervasive in this market only focuses on the negative. For many, this is the time, and now presents a wonderful opportunity. Those who exhibit the confidence will position themselves well for the future!
You both are awesome.
Thanks, Ha! I'm hoping that today's seminar on 203K financing has helped you add to your professional tool box. I thought it was informative, and I know I got a lot out of it! In today's challenging market it's important to remain on the cutting edge of client service.
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