And this ain’t chump change stuff!
Check it out: http://bit.ly/yTFTsn
Never would have thought of this one, but check it out: http://cnnmon.ie/Ax505Y
Lots and lots of stats for you to check out in an easy to read and understand format: http://bit.ly/ynX1SO
One would think that the buyers would be lined up at the door to buy: Prices are way down and the interest rates are at historic lows…
And it could be happening. Some real estate experts who said “SELL” a few years ago are now saying that 2012 is the time to buy. If the attendees at local residential open houses are any indication- things could very well be changing. Some opens are being practically mobbed with 2 – 3 dozen people showing up for a three hour open house. We’re seeing the more than occasional multi-offer situation on some well-priced homes. I can remember praying that the rates would drop to 12% many years ago! Now see what’s been happening with rates:
Here’s an article which outlines some of the considerations if you’re underwater on your home loan (It will sell for less than what you now owe).
Many people are now searching these areas instead of the areas which immediately come to mind when one thinks of popular Seattle neighborhoods for real estate:

According to a recent report, the banks will once again start loosening the tight credit that home buyers have been experiencing the past few years since the houseing crash: