UNIQUE OPPORUNITY!

Buy low-sell high! That is a successful investment strategy! On the other hand, many of us often do just the opposite. We wait until prices go up before we buy and only sell when prices are low. Unfortunately, many people do the same when it comes to real estate. Buyers often wait until the market is hot before they either sell and/or buy.
Currently, the residential real estate market in the greater Tulsa area is good, but not as active as it was a few years ago. According to statistics prepared by NORES, INC (MLS) the number of homes SOLD through September 2009 is down 9.9% and the average sales price is off 3.0%. Yet, this is a really good time to sell a home and buy another one.
Home prices in the Tulsa area remain among the most affordable in the country. Interest rates are hovering near record lows and the $8,000 tax credit continues. This combination of circumstances provides a unique opportunity for home buyers at this time. Even home buyers who need to sell a home and might have to take a little less than they desired for it can more than make up the difference in today’s market.
So, if you would like to have a new home, but have thought it is the wrong time, THINK AGAIN! Contact me at slaunchbaugh@cbtulsa.com to learn how you can benefit from today’s real estate market.