Friday, February 24, 2012

Money Is Cheap




Money is cheap like never before.

So, why are people not rushing into the market, particularly in active adult communities? They don't want to be the first to take the plunge into the market.
Fact is, the market is turning and others have taken that first step. So, come on in, the "water" is fine and benefit from the exceptional bargains that are disappearing from the market.

The Fed projects low mortgage rates until 2014. (Wall Street Journal, 1/26/12)

People are spending money. They are putting themselves back into the market. Supply and demand is back. This is what we've been waiting for.

Considering a move to Arizona?
What does that mean for people considering a move to Arizona, Phoenix area? The wait is over.
Forget the media and get in on the heating-up marketing. Pent up demand is beginning to explode with multiple offers, something we haven't seen for years. For example, The Arizona Republic (1/31/12 Business/Retail) reported, " . . . . since November, purchases rose to $4 billion from last year."

Talk to your lender, whether it is a mortgage broker or financial institution. Act now! TF

Ted Friedman, Designated Broker/Agent
623/476-2491
FriedmanRealtyAssociates@gmail.com
www.BirdieGolfHomes.com

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