
Is This a Good Time to Buy a Sunny Isles Home?
November 28, 2009Is this a good time to buy a home?
The answer is a simple yes. In fact, absolutely. As the average 30-year fixed mortgage rates dip below 5% for its third consecutive week (Oct 2009), this is the best time to invest your money in a home and lock yourself down on such low-interest financing. To gauge how low rates are now, exactly one year ago the same 30 year fixed mortgages averaged over 6% interest. The opportunities available right now in Sunny Isles, Aventura, Bal Harbour and Miami Beach virtually guarantee you will walk away with a deal, as long as you choose the right real estate professional to guide you.
Along with such low mortgage rates are the lowest homes prices the U.S. real estate market has seen in years. In Sunny Isles, there are many condos and homes to be picked up for prices well below-average prices.
But just because mortgage rates are so low does not mean you should go buy the cheapest home you can find. Make sure you consult with a real estate professional like myself to invest in a home that will yield positive returns both short term and long term.
As a veteran real estate professional, I will provide with you comparative market analyses of existing homes in the area of Miami you are searching for, along with comparable chart of its historical growth so you have an exact idea of what homes in that area are commanding.
I have seen too many real estate agents look for the quickest sale rather than the right fit for the buyer. This is not the way I treat my profession or my clients. I match my clients’ wants and needs until I find a satisfactory home meeting their demands. I do not settle for less, and therefore neither should you.
And now, with the federal government having spoken of new incentives for homebuyers across the United States to sweeten an already profitable buyer’s market, there is a good chance you can find a great investment. The Treasury is now taking measures for state and local housing-finance agencies to provide mortgages and rental housing to thousands of low- and moderate-income families across the Unites States. Also in their address about the housing slump is the idea of buying out debt from state agencies hurt by an upswing of bad mortgages. By removing some of the strain on state agencies and selling those loans to investors, many will once again be able to finance properties.
So how can you land a foreclosure house in South Florida? Contact Kasia Demare, the veteran real estate professional of Sunny Isles, Aventura, Bal Harbour and Golden Beach.
I have an extensive list of foreclosed and pre-foreclosure homes now available for many condos and single family homes in Miami. I have seen many deals get swept in Sunny Isles and participated in the selling of luxury condos banks did not want to hold. I can find you the right investment home for the right price. Now is the best time to take advantage of the buyer’s market, as these homes’ values will surely rise as the economy continues to stabilize.