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You Buyers that are waiting to purchase a home when the prices "go down" NOW IS THE TIME!!! As I was driving around Queen Creek this week checking out pricing and square footage, etc., I found LOTS OF DEALS in the new home market. For instance: 2100 square foot home, three car garage, four bedrooms, on a premium lot, ready to move into within three months - $178,000!!! This is located in a prime area of Queen Creek, and road improvements are being made as I speak. Ironwood, Ellsworth, Rittenhouse, Gary Road and more. Don't wait too long, the builders are offering incredible incentives and are willing to DEAL, DEAL, DEAL!!! Call me if you're ready to go.
As of today, 47,076 active listings. We literally have been the same now for TWO MONTHS!!!! YES!!!
Another encouraging bit of news:
On November 6, 2006, former Federal Reserve Chairman Alan Greenspan told attendees at the annual Charles Schwab Impact conference in Washington
The housing market isn’t out of the woods yet, but it won’t worsen, former Federal Reserve Chairman Alan Greenspan told attendees at the annual Charles Schwab Impact conference in Washington:
"I think that while we are past most of it, there are a lot of negatives... but it is no longer subtracting from the [gross domestic product] growth," Greenspan says.
Greenspan also said potential adjustments in loan costs facing many homebuyers probably isn’t a serious concern either. While some individuals will feel the pinch as their payments rise, Greenspan says these changes are "very unlikely to have a macroeconomic effect."
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