Another good article on the the real estate market.
I have said this many times, and while self serving (I certainly have a horse in the race), there will most likely never be any better time to purchase a home...any home, at least in most of our life times. Given pricing...and interest rates...and the stimulus.
Sales in March were up, which is a positive sign. This was true for us here at Eastbrook Homes as well as true for the overall Real Estate industry (see attached).
http://www.realtor.org/rmodaily.nsf/pages/News2010042201?OpenDocument&WT.cg_n=RMO&WT.cg_s=RSSDaily
Home sales have a ways to go, but for all of us, positive news on this front is good news as it (real estate ) plays an important role in our economy.
We are excited about our communities in Auburn, Alabama and the success we are starting to see. Auburn is a great place, and we are proud to be building in this great community in two great locations....Shelton Cove and The Preserve. Take a look at each via the following links. http://www.eastbrookhomes.com/ehs/communities/prs.html http://www.eastbrookhomes.com/ehs/communities/scv.html
We are also excited to get started on our clubhouse and pool and other amenities at The Preserve. While they are a significant investment, we believe they add a bunch of value and most of all serve as a great resource for the residents at The Preserve.
If you are in Auburn, take a look at Shelton Cove and the Preserve. Two great places that you could call "home".
My last entry was "Spring has Sprung" and that statement has proven true in a couple of ways....for which both I am very happy.
First...the weather....it is great to have sun and warm weather....wow...if nothing else, all of our attitudes are better. That is always a good thing.
Second...from a business perspective, another ...wow....March was the best single month we have seen in about 5 years. Probably in some ways because of the same reasons noted above....peoples outlook is improved...simply because the weather is better.....it happens every year....
I have said this before....in many ways ....in spite of the potential to appear to be self serving .....I will say some of it again....but from a business perspective....people....those thinking about buying a home....should be doing so right now.....and April is the last best month to jump on the govt Stimulus ....to do so you need to have a purchase agreement executed by April 30, 2010.....interest rates are great (but slowly rising) and prices of homes...new homes...are at the best values we most likely will see....in a long time....or arguably ever.
If my kids were old enough to buy a home....I would do everything i could to help them do so.....right now! It is time!
Have a great day...and enjoy the weather...and opportunities....
