3.12.2012 – A Good Thing?

Don’t miss this exciting once in a lifetime window of opportunity. The time to buy is now!

In any marketplace, price is determined by supply and demand. With the rise in  property foreclosures, there is an increase in real estate availability. Greater supply means a reduced cost. With so many people being challenged financially in today’s economy, the lower the cost of anything, including real estate, the more attractive it is.

The increasing affordability of property means more people can now buy. With every purchase, supply is lessened. A decrease in the supply will help gradually drive the real estate prices back up.

All of this is a positive for our hindered economy. If, however you want to take advantage of where the market is now, you need to act. It is impossible to determine exactly how long of a window we have, but experts state, time is limited.

Below is a link to a Forbes article providing more details on the this topic.

Can More Foreclosures and Falling Home Prices Actually Be a Good Thing?

Still want more information? Call Source Capital at 858.705.6144. The loan and investment specialists can answer your questions and help you where traditional banks can’t. If you have a topic you would like me to blog about, send me a tweet or direct message on Twitter @sourcecapital. -Sindi Somers