Wednesday, February 14, 2007
For all of you who may have delayed on buying a home for the past five to six years - now could be your opportunity. It is true that sellers have reigned in our area. Inventory has been slim and prices were escalating daily. Frequently, buyers were in multiple bid wars - with as many as five or six offers on the same property. The lowest offer was usually full price! Well, now things have reverted to a more normal and balanced market. There is more selection of properties, interest rates are still attractively very low, and prices in the Philadelphia area have stabilized. So, call your favorite Realtor, and get out there and start looking!