Thursday, April 3, 2008

Investors

Investors are coming back in the market in Oroville. It is still a great time to buy, and I do not think we will see the type of flipping that occured 2 years ago for a very long time. However, I can see that prices will stabilize, and perhaps start rising by the end of this year. Rentals in Oroville are still in demand, which is what started the last drive up in homes in the Oroville area.

Dont forget the interest rates are low, and there is a ton of inventory for buying. This makes the perfect market to buy a first home, or rentals homes to rent and sell in the future.

As a Seller, be patient with Your Real Estate agent, as they are doing their best to sell your homes. If you need to sell now, price it right, for most other markets are in the same boat, so if you need to buy again, you should get a good deal as a buyer!

The best time to sell a home is in the bad times if you price it right and have patience. When you buy and sell in a depressed market, your selling fees are usually less, and when you get your new home, your taxes would be less too(in States like CA).

So, if you are thinking of buying or selling a home, there is no better time than the present!

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