This past March, in a letter to Berkshire Hathaway shareholders, Warren Buffet predicted increased demand for real estate in 2011. At that time many were hoping the summer would bring the turnaround. “Prices will remain far below ‘bubble’ levels, of course, but for every seller or lender hurt by this there will be a buyer who benefits. Indeed, many families that couldn’t afford to buy an appropriate home a few years ago now find it well within their means.”
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ReplyDeleteYou have heard the old expression: One door closes another opens. There is opportunity in the current real estate market. The prices are very realistic,the inventory of homes for sale is up, you can negotiate your terms and price, have your closing costs paid, and have a house payment equal or close to a rent payment.We are approaching a new year. Time for home ownership and stop renting. The opportunity to buy a homes is now.
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