"Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers."
That's the word from The New York Times today. In a piece by Ron Lieber titled, "It May Be Time to Think About Buying a House," the writer cautions that buyers may "kick themselves" for not getting in on the market now when prices seem to be at or near the bottom. (Read the full story here.)
Here in St. Louis' Illinois suburbs of Madison and St. Clair Counties, my partner Kristina and I have been working with first-time buyers who have been smart enough to jump in while prices are low and inventory is still high, providing them with more choice and more leverage in negotiations. We have five closings taking place within a six week period that began in mid-November and continues through the end of December.
If you're a first-time or move-up buyer sitting on the fence, read the Times' story and give us a call. We can help you through our five easy steps to home ownership, from loan pre-qualification all the way through to closing.
You can reach us through our web site at www.JustDuckyHomes.com or call Nancy at 618-791-8007 or Kristina at 618-917-0775.
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About the Author: Nancy Milton, GRI, is a REALTOR with the GoshenRealtyGroup at RE/MAX Preferred Partners in Edwardsville, Illinois. She and Kristina Pratt help their customers buy and sell homes and investment properties in St. Louis' Illinois suburbs with special emphasis on homes for sale in Madison County and the communities of Edwardsville, Glen Carbon, Maryville, Collinsville, Troy, Bethalto and surrounding areas.
Goshen Realty Group takes its name from the earliest nickname for Madison County, Illinois -- the Land of Goshen -- coined when the region's first settlers compared their new home east of the Mississippi River to the biblical land of peace and plenty.
For more information, visit GoshenRealtyGroup.com or e-mail Nancy at Nancy@GoshenRealtyGroup.com. Text or call Nancy at 618-791-8007. REMAX Preferred Partners is located at One 157 Center, Edwardsville, IL 62025.
Please note that individual listings periodically mentioned in this blog are accurately described in terms of availability and price at the time of the posting. Because properties are constantly coming on and off the market, please contact Nancy for the latest information on those that are of particular interest to you.
