Don Gale Homes

    Too many people wait until the media tells them it's time to move.  By that time, it's too late.  Almost 50% of the new home inventory has been sold and pricing is already starting to rise again.  Since we have had such a rush on deals, lots of the best inventory is getting sold.

Also, rates have nowhere to go but up!  What is the average person waiting for?  If you are stable in employment, have decent credit and need a home, times will never be better to buy.  Don't be one of those reading about what you missed in the newspaper............. It's time to get out and look at the opportunities.

It has been noted that this is the greatest time in the last 30 years to purchase a new home.  Due to the slowing in the market, pricing is at an all time low. Since the overall economy is in a rut, Interest rates are also at an all time low.  You have not just one reason, but two for buying a new home today.

From an investment standpoint, opportunity knocks.  It will be a limited time offer and those that are paying attention won't wait too long.  By the time you read in the paper that the market is recovering, it will be too late..

It will be like reading the Wall Street Journal and getting the news of what happened yesterday.  That is not relevant for today's market.

Many people get their investment and real estate information from the television today and are armed with lots of misnomers about the reality of purchasing a home.

Both rates and pricing are down to their lowest level in years.  Many people are waiting for the go-ahead on TV to purchase their home.  People watch shows with unrealistic sales outcomes and are thereby armed to go out and find their pot of gold.

Short Sales are sales made that are short of paying off the loan.  Most all new homes are short sales in this market.  Builders are selling homes at major losses just to cut off the interest.  New homes are priced at short/sell pricing.  Offers of 50% of the asking price usually end up with bad feelings and no forward motion.

Foreclosures are also priced to sell.  Every day we deal with both agents and customers who feel that pricing is retail and that deals can be cut at 50% of a homes true value.  What needs to be kept in mind is that these homes are already priced for today's market.

Due to the pricing and rate values available, NOW IS THE TIME TO BUY!  No matter what you buy, it will be more expensive to buy it later.  The cost of money and the cost of homes is down.  there has been maximum inflation of homebuilding costs in the market for 2 years and these costs will be added into the price of any new construction.  Don't wait for Xmas, Don't look a gift horse in the mouth.  If you are in a position to purchase, it would be all but impossible to make a bad buy in this market.

Never before in  U.S. History have we had such an opportune time to invest in real estate.  While those that don't recognize the values sit on the sidelines, savvy investors and homebuyers are jumping in on the great deals available to them.

In the past, when rates were down, prices were up and vice versa.  Due to strange economic times, pricing has been suppressed to an unprecedented degree and the government has run rates down to a level not seen since the 50's.

Most all homes are priced at rock bottom pricing.  Builders have adjusted their pricing for today's market making their homes a tremendous value.  Buzz words such as short sale, foreclosure, bank owned, etc. really don't mean a lot. Value is dictated by not what you pay, but what you get for what you pay.  Many times the new homes on the market rival the so-called deals bought without warranty from the banks.

Make sure to look at all properties in the area you like.  It is a great time to buy, hurry before it changes.  Buy a new home before the good ones are all gone.  Construction products are still rising so there will be no more built at these prices.  Look, find the right one, and buy it.  In a few years, you will have made the best investment in America.  See you in the Market...........

        When is a deal not a deal?? In today's real estate market, people are clamoring to purchase homes with signs in front of them that say Bank Owned or Foreclosure.  Most of the time, they sell for exactly what they are worth.  Many times, after they purchase these "deals", people find out exactly what they bought and it may be a "don't wanter".

Did you know that the builder's in today's market, home prices have been reduced to never before seen levels.  In most cases, you can buy a clean, new home with a warranty from a builder and get as good or better a deal than the so called "deals" being sold as foreclosures.

Make sure to do your homework before jumping.