If It’s A Buyer’s Market, Why Aren’t You Buying?
You’ve heard it before. We are in a full-on Buyer’s Market. Why are people so apprehensive about buying anything? So many are just sitting on the fence, waiting for some “sign”….
Here are your signs:
1. Sellers are offering concessions and incentives to buyers in order to make their homes more attractive.
2. There are lots of homes to choose from - in every price range.
3. Interest rates are as low than they have been in years. In fact, we received a rate sheet from a major national bank just this morning and their FHA loan rate dropped .375%Â (that’s a 6% drop, folks!) today!
4. If you wait for the Myrtle Beach real estate market to “get better”, you’re going to pay more by way of fewer incentives, higher interest rates and less inventory to choose from.
Savvy investors like Donald Trump and Warren Buffett love this kind of market. This is what they wait for! They wait for these types of conditions and then acquire as much real estate as they can get their hands on. It’s the golden rule of finance and real estate alike - BUY LOW, SELL HIGH.
Get off the fence! You’ll be in great company!
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