There are rumblings that the “real estate market” is or has started to bottom out. The Desert Sun reported on Sunday, August 2, 2009, that the Coachella Valley had the strongest month in real estate in June in eight months, with a 23 percent hike in sales, and home prices appear to be stabilizing. This could be and will happen, as real estate is historically cyclical and conditions will improve. However, the unemployment rates are going up every month, consumer spending is flat and we are really in debt now with the wild spending by the Federal government in an effort to stimulate the economy.
Whether the market has hit the bottom or not, the fact is there are FABULOUS VALUES right now with loads of short sales and REO’s (lender owned properties) with very attractive prices at every price level, with financing available. All you need is a little innovation and creativity to obtain an undervalued property.
Fred Prescott wants to work with serious buyers who have cash or lender pre-approval to help and assist you to acquire your primary residence, second home/vacation home/condo or investment property.
Don’t sit on the sidelines and wait. It’s time to GET IN THE GAME! It’s easy to hit a home run if you’ve got the right realtor. Let Fred Prescott guide you in this process of making realistic, intelligent offers on very undervalued real estate properties.
There is NO OBLIGATION. If you qualify as a serious buyer contact Fred today to discuss your particular situation.
Thanks and best wishes.
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