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Looking for your next home? Do it while it is cold. Sellers tend to think that a winter months tend to be bad months for selling your house. This can normally be true but in the market we are in now there is no better time to sit next to a crackling fire and start your search for new homes. With all the incentives out there i.e. all-time low interest rates, tax credits out the wazzoo, and the mass of foreclosures on the market; why would you wait? I wouldn’t you need to make that move now and with all the left over inventory from our so-called recession seller are begging Realtors to bring them contracts. I can't tell you how many times I have heard and said this week my seller are looking at everything. So in conclusion get out don't spend that down time watching you-tube videos of hulu dancing get out there and find your next home whether it is a investment or your personal home. YOU can Start your search with my FREE MLS search at http://idx.brianburds.com and www.brianburds.com Don't forget Buy or Sell with me and use my moving truck for FREE Your Realtor Friend Brian J. Burds Find Me On Facebook at http://profile.to/soarwiththebest/
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As I mention in a earlier post Don't wait to buy or sell. With the extension of the Homebuyer Tax credit to people looking to upgrade or downgrade if they have lived in their property for over 5 years the time is now and you better get a move on it. Rates are on the rise according to many sources as you can see below. Low Mortgage Rates Could Be Ending
Home loan rates below 5 percent are about to disappear, predicted Denis Salamone, COO of Hudson City Bancorp, the nation’s largest thrift.
"I don't think the market will stay this low for many more months," Salamone said Tuesday.
Salamone said that despite the Federal Reserve’s decision to keep short-term rates low, if the Fed buys fewer mortgage-backed securities, loan rates will rise.
It will take another 12 to 24 months to sell off excess inventory and until that happens, housing prices may continue to fall, Salamone said.
Source: Reuters News (11/17/2009)
Call me today @ 915-751-1500 or 1800-811-5917 Visit me @ www.BrianBurds.com
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Traditionally, most people put their homes
on the market during Spring and Summer.
But with the extension of the $8,000 tax credit
for first-time home buyers and a $6,500 tax
credit for current homeowners who move, NOW
is the time to SELL!
You must have an executed purchase agreement in
place on or before April 30 and the purchase is
required to be completed by June 30, 2010.
Did you know some buyers are willing to pay
top dollar for a property just so they can
qualify for the the tax credit?
Many sellers found this happening as the initial
tax-credit deadline loomed.
The Key is to find an agent who will market your
Home in the right manner and to the right people.
Call me today to discuss the new extension or visit
my website at www.BrianBurds.com.
Have a Great Day and rememebr you recieve
Exceptionl Service when you SOAR with the BEST.
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Sellers dont worry buyers are starting to flood the market. In the past three weeks I have executed six contracts; this gives me hope that the market is not only not in a downslide but it is making a raging move forward. Now keep in mind that most of these contracts are for homes that were priced competitively not the ones listed for top dollar. Homes are moving but sellers make sure you listen to your Realtors and make sure you list it for good price. Look at it this way if you were looking for a home in todays market and you happened to look on your street what would you look for. Make sure that you can look at your home today and still want it as much as the day you bought it. I hope these have been words of encouragement for all the sellers out there and please feel free to give me a call if you have any questions. Brian J. Burds (915) 751-1500
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To answer we have to first realize what is El Paso is not we are not a economy based on the normal rise and fall of the United States Economy. El Paso is insulated from the risk based on the extent of other economic non-affected businesses in El Paso and the fact that when the Government wants to stimulate the economy they spend a lot of money on Military and we have a lot of military. We have seen the recourse of bad financing though and this is the only reason we are seeing any downward motion in the housing market. IT is becasue we are flooding the market with home that are bank owned and repos which are not selling at fair market value which means values are going down. We are also being affected by the main stream media. People hear Doom and Gloom and they react to doom and gloom. Don't worry though El Paso will come shining through and I predict it will be in the near future once people stop focusingon the negative and we get rid of the Repos So start buying those REOS and lets all makes some money.
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• 1,880 sq. ft., 2 bath, 4 bdrm single story
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MLS®
$141,000
East Lake Mesa, Horizon City
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A Four bedroom 2.5 bath dream home in the sprawling Horizon City. Are you ready to make a great investment in your future this one is it. With all the space you could ever need and all the right touches to make your family comfortable. This one will move quick as it is priced under value and don't forget to pack the champagne because you are going to be celebrating for a long time on this one.
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• 1,150 sq. ft., 1 bath, 2 bdrm townhouse
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MLS®
$110,000
Thunderbird Mountain Estates, El Paso
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THIS ONE IS PERFECT FOR THE RETIRED LIFE. WITH ALL THE POSSIBLE AMENITIES ONE COULD ASK FOR LOCATED RIGHT ON THE PROPERTY. NOT TO MENTION THE CONDO COMPLETELY REMODELED FROM THE FLOOR UP. THIS ONE WILL KNOCK YOUR SOCKS OFF WITH THE GRANDEUR. HARD WOOD FLOORS AND A EXCEPTIONAL DECOR MAKE THIS HOME WARM AND INVITING AWHILE STILL ALLOWING FOR PEACE AND QUIET. YOU MUST SEE THE INSIDE TO APPRECIATE ALL THE WORK DOWN TO MAKE THIS YOUR NEXT HOME.
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• 2,076 sq. ft., 2 bath, 4 bdrm single story
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MLS®
$136,000
- Reduced!
Colonia Miramonte, El Paso
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This home impresses the moment it catches your eye. On a great street of a most desirable neighborhood, the home holds itself as the flagship of the area. Mature trees and a wonderful front and backyard gives the home grandeur. Upon entering an inviting living room with natural light flooding in you feel right at home. Lots of windows and skylights fill this house with light. Four bedrooms, two full baths, with lots of storage adds to the ame
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• 1,473 sq. ft., 2 bath, 4 bdrm single story
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$155,000
Sunrise Terrace, El Paso
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• 1,059 sq. ft., 1 bath, 3 bdrm single story
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MLS®
$88,500
Sarah Anne Park, El Paso
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The home was a `flip` when the owners bought it and they maintained its appearance ever since. The roof is almost new, the view of the mountain is excellent, and any buyer can move right in. Come by soon because it probably won`t last.
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• 1,700 sq. ft., 1 bath, 4 bdrm single story
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MLS®
$117,000
- Reduced!
Milagro Hills, El Paso
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Great home in well established neighborhood! With 4 bedrooms and 3 baths, this home is perfect for the growing family. The house resides on a beautiful street, so you`ll enjoy driving home everyday.The house is priced for quick sale, so buyers hurry, because this one won`t last! Owner will offer a cash incentive to the new proud owner
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• 1,752 sq. ft., 2 bath, 3 bdrm single story
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MLS®
$97,000
Mountain View, El Paso
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VERY CUTE HOUSE. NEAT AS A PIN WITH LARGE LOT AND LOTS OF SPACE. HAS BEEN UPDATED WITH A NEW KITCHEN AND THIS ONE IS PERFECT FOR A LARGE OR GROWING FAMILY. LETS MOVE QUICK ON THIS ONE BECAUSE IT WILL SELL FAST.
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• 2,734 sq. ft., 3 bath, 3 bdrm single story
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MLS®
EXPIRED
$275,500
Tierra Del Este, East Side
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-IMMACULATE MOUNTAIN VISTA CUSTOM BUILT HOME IN A PRIVATE CUL-DE-SAC, 3 HUGE BEDROOMS W/2.5 BATHROOMS, A GREAT NUMBER OF UP-GRADED TOO NUMEROUS TO MENTION, HERE ARE SOME: WOOD SHUTTERS THRU-OUT, GRANITE IN KITCHEN W/ISLAND,BREAKFAST NOOK THAT OVERLOOKS THE FAMILY ROOM W/FIREPLACE, FORMAL LIVNGROOM AND DINING ROOM, MASTER BDRM W/SITTING ROOM, MASTERBDROOM BATH HAS JETTED TUB AND SEPERATE SHOWER AND A BEAUTIFULLY CUSTOM DESIGNED PATIO.
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