What a time to buy!

This market is incredible, the buys out there! Doesn't it make one want to pull up the pick-up truck and buy a dozen homes!

Being an investor, it is understood how wise it is to leverage assets to purchase as many places as possible. Oh to have limitless financing!

Just yesterday I was networking with another Realtor who is about to lose her $700K house in a prestigious Federal Way neighborhood, going into foreclosure. Being for sale at $350K, I marvel that it is still on the market.

Last month we sold a house that was appraised for $265K for $215K. The appraiser couldn't believe it...but the bargains are truly everywhere, when one knows how to find them.

This is truly a great time to buy! If one waits much longer, the bottom of the market will be missed. Once we truly hit the bottom of this cycle, (and nobody will know we were at the bottom until the market starts going back up), the good deals will be gone and the "down market" leverage will also pass.

If you are looking for a good deal on a home, by all means, jump in now and find the right one(s)! It is a great time to buy: the inventory is great, the competition is few and interest rates are still quite low.