Where are all the home buyers? Is the heat getting to you or are you on the fence about buying in the?

Rosalee Zammuto
Home Buyer
Somerville, MA

Answers (1)
Ken Lambert
Mortgage Broker
or Lender

Portsmouth, NH
FIRST ANSWER

Hi Rosalee- If you're a home buyer, I assume you also may be a home seller- or else you may not be asking this question??
This week thru the day after Labor Day look to be a little dead maybe, for activity. People getting in their summer vacations and all that stuff.
I have a feeling that home buying calls and activity will be pretty strong in Sept thru the end of November. Mostly taking advantage of the first-time homebuyer tax credit. Must close by Nov. 30th.
But, I worry that mortgage rates may start ticking upwards in general, so that would hurt the existing home prices a bit.
If you're looking for some help or marketing help for your property, please let me know. May have some ideas. Thanks, and good luck,

Ken L.

Tue Aug 25 2009, 07:59

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