When to buy a home

Timing the real estate market is tenuous. If you are an investor and purchased before, decision of buying will be easier and less emotional as when you are a first time home buyer . In that case the process of getting a house or an apartment is like a journey ahead full of hopes and dreams. You will deal with lots of emotions through the process but you also need to think what kind of property is right for you and how it will benefit you financially in the future. Find value and base your purchase decision on your life needs.

Ready to buy?

Yes, we can look back at the fascinating history of the human kind and how people look for or build their shelters, however in today’s world America we know that time is money and buying an existing home as oppose to building it yourself is more efficient for most people. I do love the idea of building and having a new, well design to my own needs property and hope one day will make it a reality. In the mean time I live in a house that met most of my family needs and hopes so we can call it Home.

If you want to time the market, real estate is a lagging indicator in contrast to the stock market which is a leading indicator and look at the 200 day moving average. That is a hint.

However, if you buy smart, you can make money in a bull or bear real estate market and enjoy a beautiful home to live in. As a realtor I will help with the process so you can get the place you want. Especially when you don’t know Saint Augustine but thinking of moving here I will be able to provide answers to any question you have. We can look at the local market, and find diamonds in the rough.

Text or call Mark 904-494-8444.

Sea foam

Like many mobile professionals, I have been a life long renter. It provided flexibility and saved transaction costs as well as maintenance. Yet, it is not the way to go in the long-term. It is beneficial over years to have a home and accumulate equity. The laws in the USA are written partial to homeowners. Owning property, it is a wonderful thing. It is the dream but it also pays over time and provides stability especially for families.

The key to real estate is to buy a home to live in and do not buy too much house or pay too much. Sound strange coming from a real estate agent? It is true. If you want to speculate in real estate that is fine, but a different story. Most people pay for their house about 20% more then they thought initially.

Home price and quality

Be frugal and buy at the price that if affordable for you, and you will never have to worry about if it is the right time to buy a home. And remember all markets are inefficient because information is imperfect, therefore there are always value homes of good quality. There is a lose and sometimes even inverse correlation between price and quality. I have seen expensive homes constructed with toxic Chinese dry wall and cheap homes with quality material.

So when is the best time to buy a house? I know you have heard this line, but now is a good time. When you have money for the down payment and can manage monthly expenses than you are ready to buy. It is that simple.

Anytime is good

If you look at the Case Shiller index you can expect house market prices to increase about  .07% a home per year. If prices jump, chances are it is a small bubble based on unrealistic expectations based on pend up demand.

Let me help as I have a good perspective on value and home that are under and over priced. Text or call, 904-494-8444.

Treasure hunting for good home values in FL made easy

Banks want their money. It is not my problem, nor yours. They sit on a mountain of toxic inventory. They want their money and would rather not clear their inventory then take a loss or a sunk cost. The good news is there are good values in the market for those with a good guide. Let me be your guide for a Florida home. I know how to find them.


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