Monday, January 12, 2009

Recession of Fear

Consumers today are truly suffering a "recession of fear" and are holding tight to their money, afraid to spend on big ticket items out of fear that things might get worse. Buyers who can move beyond their fears have an unprecedented opportunity to make a good buy in the real estate market here in Rockport and elsewhere in the country. Local lenders tell me they have money to lend to credit worthy buyers - those who have a decent job and have safe guarded their credit history and basically keep their credit clean. Interest rates have never been lower in our history. Sellers are more negotiable than they have been in years. We have a great inventory of properties for sale. If you have been wanting a property at the coast - now may be the time for you to snag a great bargain. You might be seeking a small, modest fishing cabin or a lovely home in a canal neighborhood just minutes from your favorite fishing. The low interest rates can save you hundreds of dollars each month, negotiable sellers can save you thousands up front. The best "retirement" advice I can give you, is buy now, buy cheap at todays prices, and enjoy tomorrow in the beautiful Rockport home of your dreams. Call or email me rockportrealtor@sbcglobal.net and I will send you a list of properties that meet your requirements!

1 comment:

Diane Probst, IOM, CCE said...

I love the beach photo. You have precious dogs! Yes. You are right. The time to buy is now. We are hearing from businesses that January has been excellent and feel the real economic crunch will not come this way.
Diane Probst
President/CEO
Rockport-Fulton Area Chamber of Commerce