Why Waiting For The Market To Hit Bottom In Atlantic County Might Just Kick You In Yours!
Mays Landing 2010 Market Update
Mays Landing Market Update 2010 Review
The final 2010 statistics are out and home sales in Mays Landing declined in the number of sales from 2009 by 18.5% . However we only experienced a slight decline in average sales price by 3.18%.
If you are waiting for the market to hit bottom before buying a home remember you won’t know it has hit bottom until the prices go up. So be sure to pay attention to the other variables such as interest rate. Currently you can lock in at a 5% 30 year fixed rate. If you were getting a $200,000 mortgage and rates increased by 1% while you were waiting for the market to hit bottom, you would lose $23,463 in buying power! Just remember there are always more variables to consider than the obvious ones. With a quick consultation we can determine what is right for your personal situation.
Leave a Reply
Follow Us On...
Michelle’s Corner
- Right Before Your Very Eyes January 10, 2012The summer after my Senior year of high school was spent in my house awaiting my prince charming. The only thing that I hadn’t figured out was who my prince really was. You see I was dating a guy who went to visit his father every summer on the West Coast. For weeks I found things to do to occupy my time. Having a love for photographs I made several albums […]
- The Perfect Family January 3, 2012When George and I decided that we wanted to have kids I quietly dreamed of the perfect family. In my mind I thought it would be great to have twins, a boy and a girl, an instant family. That obviously is not what happened and I wouldn’t change what did for the world. To me my family is perfect. I think that this must be common as my parents longed for a […]
- My Mother's Gift December 4, 2011The Christian Christmas Challenge is no easy task but I must say it is proving to be enjoyable. You can tell me all the reasons why you can’t do it but truthfully you may be having difficulty because you can’t let go of the “traditions” that you were raised with.My oldest daughter Taylor has never been the Christmas list type. I suppose it is because we di […]
Categories
Neighborhoods