Monday, November 15, 2010

Buyers ARE in the market for Fleming Island homes

Despite the news you™ve been hearing about the real estate market, homes in two of Fleming Island™s largest neighborhoods are selling. Through the end of October, 95 Eagle Harbor homes have been sold, an increase of nearly 20% over 2009. In Fleming Island Plantation, 82 homes have sold, besting 2009™s numbers by more than 60%.


Prices are down in both neighborhoods, however. Eagle Harbor home prices are down 5% and, unfortunately, the last quarter shows prices trending down even further. Fleming Island Plantation homes have take a serious hit this year from a large number of short sales, bank-owned sales, and the opening of a large townhome unit. Prices are down 14% compared to 2009, but the last quarter has show the downward trend beginning to slow.


So, what does this mean?


I™ve said this before:



  • If you are thinking of buying a home, now is an amazing time to do so. Prices are at levels we have not seen in years. Our agents can help you move quickly and find your perfect home.  

  • And, if you thinking of selling your home, you must seek the professional assistance of a real estate expert. There are buyers looking to buy homes on Fleming Island, but pricing and position are the two most important factors in selling a home.


It™s a tricky market, but because we sell more homes in Eagle Harbor than any other Realtor and we™re a top team in Fleming Island Plantation, as well, we can help you. Call or email us today!

Monday, November 8, 2010

Paulson: If you don’t own a home, buy one

In an article on Forbes™ blog, columnist Robert Lenzer reported on a recent appearance made by multibillionaire hedge fund operator and investment genius, John Paulson. Speaking to a packed crowd at New York™s University Club, Paulson addressed today™s economic landscape and touched on inflation, the bond market, equities and gold, and made several predictions about the next two years.


[Read the full story here].  


He also made final parting remarks on the state of the housing market. Noting that this is the best time in 50 years to buy a home, Paulson advised those listening to issue 30 year mortgages to buy a home as œyour debt and interest payments get locked in a record lows, while the price of your home will rise.


œIf you don™t own a home, buy one. If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.  


Source: http://blogs.forbes.com/robertlenzner/2010/09/27/john-paulson-sell-bonds-buy-stocks-double-digit-inflation-coming/  


 


To understand the conditions that make NOW the right time to buy, download the FREE e-Book, 7 Reasons Why Now is a Great Time to Buy, at GoWithGalli.com.