MORTGAGE INTEREST RATES LOWEST IN HISTORY!

We help our neighbors and real estate clients achieve the AMERICAN DREAM. WE TREAT OUR SOUTHERN OREGON REAL ESTATE CLIENTS, AGENTS AND STAFF LIKE FAMILY! Real estate costs are dropping for Grants Pass real estate and Klamath Falls in Beautiful Southern Oregon. Search here for homes, land and other real estate. Find foreclosed homes, short sale real estate investments and REO's (Real Estate Owned by banks)! CENTURY 21, the most preferred name in Real Estate,offices worldwide. See our REAL ESTATE SPECIAL REPORT in the column to the right. BEST WISHES IN YOUR REAL ESTATE DREAM!

A thought to consider: The difference between a politician and a statesman is that the politician thinks of the next election while the statesman thinks of the next generation.

PERFECT STORM FOR HOME BUYERS

The beautiful Rogue River!

The following is from Newsweek Magazine's Robert Samuelson:

For the next generation of buyers who are in the 20’s to 30’s and want to buy, this is the best time in the history of housing sales to purchase because interest rates are an all time low, there is plenty of inventory and sellers are willing to deal. In his opinion, this is the perfect storm for buyers. He says that we are seeing a massive wealth transfer from today’s older homeowners’ to tomorrow’s younger homeowners’. He goes on to say that from year ending 2006 to end of 2010 housing values fell $6.3 trillion and with no sharp rebound in sight—that’s $6.3 trillion the current buyers’ won’t pay. Falling real estate prices have also affected new homes. They’re getting smaller by 25-35%, now more in the 1500 sq.ft. range.

He writes about how since WWII, home sizes began to grow and often resulted in a self defeating syndrome, where people wanted to buy or build in the best neighborhoods and have the biggest house within that neighborhood and “over- built and over-housed”. The houses of the future will be smaller, more energy efficient and more user friendly for the homeowner. The home buyer of tomorrow will catch a much needed break in entering into home ownership with lower prices, lower interest rates and a much more energy saving house, he surmises.

If you are waiting for a market turn around; don't wait till you have missed the affordable homes and interest rates. Get your financial house in order and act as soon as you can.

Best wishes in your real estate dream!

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Helping our neighbors with the American Dream

WE TREAT CLIENTS AGENTS AND STAFF LIKE FAMILY!

The Home Buying Window is Open (CNN news article)

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