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Happy New Year

posted Jan 6, 2011, 5:24 PM by Svetlana Raleigh
We hope you enjoyed the holidays and are happy to get back to work on a productive New Year. We see lots of signs of optimism for the coming year.
The stock market is rising--driven by Tech with many companies like Apple having record profits and lots of cash.
Unemployment seems ready to retreat and retail sales are booming. There is as shortage of well priced desirable properties. Smart buyers are making offers on the best deals and ignoring the overpriced ones. This is the best time of year to buy. To paraphrase-- Buy when there is mud in the streets.

Sellers will start to come off the sidelines and the realistic sellers will get the properties sold fast. More buyers will come out as interest start to rise with economy on an up swing. Interest rates have hit bottom--all the buyers who waited for the bottom now know that these low rates will not last--now is the time to lock in a lifetime low rate.