It's a Buyers Market - Where are the Buyers?

The sales in 2007 started off higher in Alpharetta than they were for the same time period of 2006, but, have been declining every month since April. the question is when will we reach the bottom. It's clear that we are in a buyers market in that buyers definitely have the upper hand in negotiations, but, buyers are still sitting on the sidelines, waiting for the right opportunity.

So really, when is the right time to buy? The answer should be quite clear and the statistics indicate that right now is the answer. I just put together a comprehensive report on the Alpharetta real estate market, and, from the data contained in the report, you can clearly see that right now buyers have more leverage than they have had in years and still they sit.

Waiting for the Best Opportunity?

Here is something to consider that you may not realize if you are a buyer:

Follow those that you know have a solid understanding of the market. What I mean by this is look and see who is doing what. Right now, investors are buying. Investors realize that this is the time to get in and get a deal. If you wait to long, you may miss the best opportunity. Don't take my advice just because I say so. look at the statistics in my report about Alpharetta real estate and see for yourself.

I'm not here to convince you that you should do something that I would not do myself just to make a buck. I am here, using my experience, knowledge and understanding of the market to interpret and offer professional opinions and represent buyers and sellers in their best interests.

Speaking of interests, interest rates remain where they have been for over a year. You know, historically low levels. So not only do you have more leverage, but, you can still borrow cheap money to finance your new home. The only thing gone from the mortgage market are the bad loans that shouldn't have been made to begin with. So go ahead and get out. Start looking and you are sure to find a deal that you could not have found in the past several years.

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