We Tell it Like It Is

Holy buckets you guys. A change is occurring! So, the new gov't stimulus plan includes this $8,000 tax credit to first time homebuyers that is now free money if you live in the house for 3 or more years. Things have gone bananas in recent weeks and its gotta be because of that.

I've got a handful of buyers looking under $160,000 right now and its been CRAZY. I think they are just some of the hundreds out there right now looking in that same price range. I found a great house listed today for like $70,000 and when I called to make an appt. to see it w/my buyers, it had already sold after 1/2 day! And it seems like every time I'm calling to make an appt. to show a listing all I keep hearing is "It sold. No more showings." I have buyers that are now waiting for new listings to come up so we can run out to the house and be ready to write an offer ASAP.

There are bidding wars out there!

The market is waking up and its possible we're going to get a lot of these foreclosures off the market this year. Have no fear though, buyers. There are more foreclosures to come, so you'll still have a lot to choose from and a chance at something soon. Those poor people w/adjustable rates are going to see those rates reset this spring and those poor people getting laid off and not being able to make mortgage payments. It makes me sad but hopefully there will be buyers waiting to get the houses off their hands.

P.S. For those of you that enjoyed our first video (thanks for all the great feedback, btw), just wait. There's more to come and it gets better. TRUST ME.