As the year draws to a close many people are asking what will happen next. First of all there is finally plenty of money available for financing. Banks are starting to get creative, rates are dropping and yes, there is 90% financing out there. Since our average price is so high in Marin and Sonoma banks are doing loan combining to give borrowers the most benefits from various loan programs. They are even starting to compete for business. The inventory is dropping partially as sellers decide to take their homes off for the holidays and partly because sellers who don’t have to sell just won’t in this market. The buyers are still hesitant yet they are also becoming anxious to purchase as they see some real values in homes and investments and also see rates dropping on financing. Please contact us at our website for more information. www.marinrealestate.net
No comments:
Post a Comment