It is quite an unsual time in real estate now, and it is hard to predict what the future will hold. The thing we do know is that, unlike the previous boom years, we are certainly in a Buyer's market. As long as you are qualified, you have the chance to find INCREDIBLE deals in Los Angeles that might not have been there the past few years. Your home is not only an investment- it is your HOME. With a little investigation, you might find that now is the time to get a great deal. Each situation is different, depending on the buyer, the loans available to them, the property and the location- but at least look into the possibility so that a great opportunity doesn't pass you by.
Last weekend while showing properties there was a constant flow of anxious buyers in and out of each property - most of the homes had just dropped their prices by $40k-$60k and they seemed to be a hot ticket.
You may be about ready! Market conditions are being to settle. I'd start looking and doing your homework, bu don't rush into if you can wait. Sometime in the next 6 months may be the best time. I really like working with Mark Shea. He is a very honest and knowledgeable person. Call him on his cell at: 858-761-5233
Please let Mark know we referred you. You can truly trust Mark.
Visit our site and if you are ever interested in investment property in the southeast, let us know.
Best of luck!
The Schaffer Realty Group