Dawn Isenhower Sibcy Cline Realtors

As I am writing this post, I am looking down at a computer screen. Every once in a while, I look up and find that my 2-year-old daughter is pretending that a launcher for one of her brother's rockets is a microphone. She is singing and dancing til her heart's content, and I am looking down at this screen. I can only imagine the things that I am missing since I am so busy looking down.

For the last several weeks, I have been reading about the historically low interest rates that are now being offered. This week, I read a rate sheet that put interest rates between 4.9% and 5.25%! This has triggered an increase in the number of mortgage applications, which had slowed down considerably before the holidays. Combining this with a huge supply of homes on the market and a small demand, NOW is a great time to purchase a home.

When I hear that people are holding out for the "bottom" of the housing market, I have only one question: When will you recognize the bottom? Most people will not recognize the bottom of the market until we have started climbing back up. By then, those holding out will have missed out on the opportunity of a lifetime.

Don't spend so much time looking for the bottom of the market that you miss the opportunities that exist all around you. View the following video from Jim Gillespie, President and CEO of Coldwell Banker.
View this video