Timing the Real Estate Market…
· Buyers demand repairs: All those little things sellers have put off repairing will pop up in the home inspection, and buyers expect sellers to fix them.
Let’s face it while buyers are obviously desiring a better place to live, they are also making an investment in the future. The expert investors mentioned at the outset of this discussion find themselves in amazement at the number of people who totally miss the market by buying when the market is up and selling when the market is down.
An interesting statistic from the last two quarters (2009) of real estate transactions is that the number of investor transactions has increased by 20%. Not only is it a Buyer’s Market it’s an Investor’s Market … time to buy high quality properties at lower prices… the second step to market success.
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