Friday, January 9, 2009
volitive market
Crazy as it may seam this is a good time to buy! Interest rates have come down again today. a 30yr mortgage for can be financed for 5.1 % - that's a great rate. Compared to a state loan program(PHFA) interest rate of 6.85 % on a 30 yr mortgage. There are an abundance of listings for sale in all price ranges. When there is a surplus of anything in the market the value falls because of demand. The real estate market is still the best investment someone can make. Our area(central Pa) does not have the extreme high and lows of other markets. So the risk is lower. The real estate market always has peaks and valleys that is what makes it a good time to invest. Like they say when buying stock buy low and sell high! Thanks for your time.
Penny Showan
Visit our real estate company site
www.brigandirealestate.com
Penny Showan
Visit our real estate company site
www.brigandirealestate.com
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