Tagged : home buyers

For a year and a half you have head me say hold tight on buying a house.  You will never hear me say the old cliché, "It's a great time to buy".  It sounds like a car salesman and I refuse to talk buyers into buying a house.  My job is to inform buyers to the best of my ability.  It is their job to decide when to buy.  What I will finally say is, buyers ready to purchase are finally seeing the light at the end of the housing tunnel.  With home sales down 23% from the already slow 2008, home prices reduced approximately 20% and interest rates still below 5.00%, the market is getting ripe.

Is it time to pull the trigger with an offer?  That depends.  Personally I believe home prices remain slightly overpriced.  That being said, make no mistake, sellers

Ever wonder how home buyers find the house they eventually purchase?  I found a couple survey charts released by The National Association of Realtors that might surprise you.  It seems that the internet has become the primary information source of people looking to buy a house.  NAR charts show that every year people are using the internet more and more to inform themselves on buying a home.

Highlights from the NAR Survey:

• 33% of all buyers looked online for property as the first step in the home buying process while nly 4% visited an open house first.
• 87% of all buyers used the Internet as part of their home search.
• 94% of 25-44 year olds used the internet as part of their home search and this is very important as over 50% of home buyers are in