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Home market is dropping. Want to buy. Big new mall here. When is it a good time to buy?

Thu Sep 27 2007, 19:15 - Casa Grande - Market Conditions - 4 answers
 
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Don
Home Buyer
Don, Home Buyer in
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Don, I am a local investor in Casa Grande, take a look at the paper, there are pages of homes for sale, 750+ mls listings, 150 REO's (bank owned) homes and another 100 + for lease option/rent. RIGHT TIME IS NOW. Be willing to negotiate, be willing to walk away if you don’t get what you want, and find another. I walked 2 new build communities last week, when I was done I had a stack of fliers over ½ inch thick, if you have cash to put down (20% or greater) go to a builder and make an offer, DON’T be afraid to counter offer closer to your price.

Sun Dec 30 2007, 20:23
Web Reference: http://www.azrogala.com
 
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Hi, Don ... with all due respect to my peers in the Bay Area who may or may not ever have been to Casa Grande, whether it's a good time to buy depends on your circumstances. If you're only going to be in the home for a year or two, you're better off waiting. But if you're planning on living in the property for some time, or if you're investing long-term, then this is probably a better time than later ... there's plenty of inventory and sellers are anxious to make deals.

You can read more about trying to pick the bottom of the market and some of the advantages of not waiting if you're looking long term on the below post from my Phoenix real estate blog.

Good luck!

Fri Sep 28 2007, 08:07
Web Reference: http://www.daltonsazhomes.com/blog/09172007/picking-the...
 
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You bet the market it dropping. What it means to you is that you can afford to wait and find the "perfect" place. As a buyer you'll have lots of options. No need to be in a hurry. It might continue dropping too. But if you find the perfect place, at a price you feel good about, and can afford, then you can make an offer and be happy about it. Best of luck!

Thu Sep 27 2007, 21:27
Web Reference: http://www.altosresearch.com/research/AZ/CASA+GRANDE
 
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FIRST ANSWER
It's a great time tp buy. A bad time to sell. Deals are absolutely everywhere.

Align yourself with a good Realtor and your last question will also be annswered.

Thu Sep 27 2007, 21:17
 
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