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July 18,
2011
Money
Talks Once Again
‘Money talks’ is a
very old expression, and one whose truth is often demonstrated –
but only very occasionally in a truly startling fashion.
Thumbing my way
through a current issue of USA Today, I
spotted a Real Estate Report that some 30% of existing home sales
in a recent month were all cash transactions, a pattern now seen in
markets all across America. Certainly a shocker, it in fact has a
simple explanation: savvy investors taking advantage of today's major
Real estate opportunities.
This trend is
showing up right here in Columbia County as well – fueled
by super attractive prices and still low mortgage rates, neither likely
to
stay that way much longer. For some, the Buying Opportunity is
here, and now. Don’t miss it.
And with the
beautiful weather we have been having here in Columbia
County, it is a perfect time to come and check out the area.
Visit our About
Columbia County page to
find out more about the area.
July
1,
2011
Hard Cash Strikes Again
A recent article in USA Today reports that cash buyers are
snapping
up homes and properties in markets all over America.
Somewhat incredibly, perhaps, in a recent month all-cash
buyers
accounted for some 30% of existing home sales. This trend is showing up
more
and more – and right here in our own back yard. These are savvy
investors who
likely sense that prices may not remain at currently very attractive
levels,
and that mortgage rates have begun creeping up. Don’t let this trend
slip by
you – give us a call.
Also Please Don't forget to come visit Chatham on July 9th
for
Summerfest. Lots of food, entertainment, and shopping. Click
Here for more information.
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Chuck
Bartolo
Principal Broker
All the
Event Updates in the Blog done by
Office
Administrator
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