IS THE RECESSION REALLY OVER - MY THOUGHTS FROM SEDONA AZ
Bernake said this past Tuesday - Recession is nearing the end. Home Starts are up. Home solds are up! Home Pendings are up! Unemployment is still high! Stability? Depends on who you talk to - CNN... MSNBC, YOUR FINANCIAL PLANNER, THE CRYSTAL BALL - MAYBE A WEGIE BOARD! WHO KNOWS. I do know this. Interest rates remain LOW. I have had homeS close in September in Sedona AZ with interest rates in the high 4%. So with great credit - you too could be one of the luckies! Home prices continue to be LOW! As I have said previously - we are somewhere in the trough - not plummetting down like a meteror (Thank God) - the prices seem to be stabilizing. And the point must be made that if you are waiting for prices to drop and yet the interest rates go up - you will not see any gain because of the higher interest rates. It all makes sense to buy now. My old broker (one of the few guru's of Sedona Real Estate) says that 80% of the Sedona Real Estate Market is sold in the fall and spring months. There are many jewels to behold in the Sedona Real Estate Market NOW. You just have to allow yourself to move forward and seize the opportunity before you. Whether it's vacant land to build your dream home In Sedona, a Sedona Condo for a getaway, or the home you have always dreamed about owning amongst the Sedon AZ beauty - Don't wait. We are living in a golden opportunity. I myself have taken the plunge and have invested in this market - and I think you should too! For all your buying needs I can be contacted at 800-975-5943, 928-301-0669, barbara@barbarabaker.com www.barbarabaker.com - follow on twitter at sedonahome, facebook, or LinkedIn. Happy Buying! Barbara