Steve Eveleth shots straight from the hip on real time current market conditions. I have a entire team now to better serve my first time buyers in the Livermore, Mountain House & tracy areas! Livermore first time buyers are where the market is....grap its while you can....agents I always looking to expand my team for the right qualified individuals....experienced agents only! You must eat breath & sleep real estate! Part timers need not apply!
a bit about the market to first time buyers!!! Livermore Ca real estate news 1/10/2009
A little about the Livermore market. WE SEEM TO BE AT BOTTOM. This is because any SFR 3/2 that comes on the market under $350k gets multiple offers first few days it's on. This has been going on for a while. The only reason we are not seeing any price increases yet is because there is still enough bank owned homes coming on the market so demand is not outweighing supply....YET. Buyers beware of short sales. They are giving everyone a very false sense of what the market is actually doing because all you see is a low priced home staying on the market for a long time...that's because its a short sales. ONLY 7% OF SHORT SALES ACTAULLY GO THROUGH. DONT WASTE YOUR TIME! What you & your realtor want to go after is REO's & private seller homes! Banks most REO's priced under $300k anywhere Livermore Tracy & Mountain House are moving quick! Don't listen to the media, first time buyers are snatching these low priced homes up....its a no-brainer to purchase right now...rates are low, loans are insured, you now have a tax write off, closing cost credits are doable.....everyone also knows that real estate is a long term investment . Are you going to make $50k in equity in 2 months? Probably not. Will you make a million dollars over the course of the next ten years? If history repeats itself you will. Where will you be when the market starts going up again? If you are asking yourself is it the right time to buy ask yourself this:::Do I like the home? Do I like the area? Do I like my payment? Do I need the write off? Do I want to leave something of value to my kids or family? Do I want to feel the pride of home ownership? Do I want to tell my landlord to kick rocks???If you answered yes to most or all of those questions....then it becomes a logical decision instead of an emotional decision....write it down on paper...then ask yourself if not now.....when????
Steve Eveleth StevesHomeSearch.com Local Livermore Ca top producer agent
also for all buyers info::: Bank owned, REO, foreclosure ALL MEAN THE SAME THING! Don't be miss lead thinking you are getting a good deal because a home is listed as a "foreclosure" doesn't mean anything they are all priced the same! Bank owed, foreclosure, REO all mean the same thing. Marketing is a powerful thing! Don't be fooled, call Steve Eveleth for no bs straight talk about where the market is & what you need to do to get into a home. The StevesHomesSearch team. Livermore Ca Keller Williams 2300 first st suite 216 is where you can find me! Stop by to chat , coffee or tea on me! 1/10/2009!
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