Low mortgage rates plus large inventory equals a Sacramento homebuyer's paradise?

Low mortgage rates plus a large inventory plus lower buyer activity may equal one of the best home buying times in recent years.
By: Home Rocket Real Estate(r)
 
Nov. 11, 2010 - PRLog -- Read this article about today's mortgage rates:

http://news.yahoo.com/s/ap/20101111/ap_on_bi_ge/us_mortgage_rates

More houses have been coming on the market recently. There are some 7,400 single family houses for sale right now in Sacramento County. Only approximately 1,200 have closed escrow in the past 30 days!  Large supply and lower demand may put downward pressure on asking prices.

This same law of supply and demand also indicates that between now and the end of the year may be one of the best times ever to buy a home especially since many potential buyers may be distracted by the holidays. That, in turn, lowers competition for the best buys. Low mortgage rates plus a large inventory plus lower buyer activity may equal one of the best home buying times in recent years.

Our company has created a special strategy to assist buyers in taking advantage of these market conditions.  Call us for more details.


David Jurewicz, Broker 00661096
Home Rocket Real Estate(r)
(916) 682-6454  Toll FREE: (800) 601-7653
http://www.HomeRocketRealty.com

# # #

Coleen and David Jurewicz a real estate broker team 00661096 and 00826558 have over 50 combined years in the real estate business. Like an experienced airline pilot they have strategies to smoothly land your real estate transaction if there's turbulence.
End
Source:Home Rocket Real Estate(r)
Email:***@findgreathomes.com Email Verified
Zip:95829
Tags:Sacramento, ca, Real, Estate, Sale, Home, Buyer, Escrow, Mortgage, Interest
Industry:Real Estate, Home
Location:Sacramento - California - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse



Like PRLog?
9K2K1K
Click to Share