I sat in on a real estate sales meeting Monday morning. In the meeting there was a discussion about buyer psychology and how it’s been battered with fear. One of the realtors brought up a great question to ask when prospective buyers mention that they’ve read/ heard the housing market is bad, “Bad for who (i.e. buyer or seller)?” The bottom line is that it’s a great time to be a buyer. Here are some of top headlines in the Real Estate Journal (WSJ’s real estate publication):
* “Supply of Homes for Sale Rises”
* “A Good Time to Buy a House if You can Afford One”
* “Open Season For Bargain Hunters”
Now you tell me, is the market good for buyers right now?