Perspective is Key Cont....

Here are the answers I promised last week for my questions. #1 Should be obvious since it took a week for time to sit down and answer them....

1. Are you busy with real estate right now?
- Yes, June was the second best month I have had ever in 6+ years, really close to being the first and if I were real creative I could say it was the best, since one really closed in May, or if I included the properties I bought and sold personally it would be handsdown, but I'm not. The activity seems to have leveled off just a tad, but I am finding again that the good listings are selling. People are wanting to buy.

2. How many buyers have you seen NOT be able to get a owner occupied loan this year?
- If only real buyers are considered then 1 straight turned down no possibility, and 1 was borderline and they gave up.

3. What type and price range are people wanting the most right now?
- Under $250k and especially $100-150k which is surely due to the first tme home buyer incentives, I am starting to see a few looking more in the $300-500k but I am not ready to put a lot of stock in that yet.

4. How confident are you that the market will get better in the next year, HERE*, and why?
- Very confident. There are too many reason to but and not enough reasons not to buy right now. Why pay rent? You have to live somewhere....