Why Trade Up!?

My father would always tell me, "get informed, then talk". This premise holds so much truth. You need to truly gain knowledge to then be able to make an informed decision.

I listen to people day in and day out on how terrible the situation is. Ive heard so many stories, excuses if I may, about why they wont upgrade to their "Dream Home".

"The market is bad" "I wont make money if I sell my current home in this market", "I'll hold a loss if I sell in today's market". Honestly, I don't get it. Most people are so steered by the media into believing this non sense that they just wont pay attention to the amazing opportunities this market is offering. PEOPLE... Its Upgrade Time!!!

The reality of it is THAT NOW IS THE TIME TO UPGRADE! Ok, so you'll be making 85% - 90% of what you wanted to make from the sale of your current home. I'll give you that... So what! You'll be saving 10% - 15% from the purchase of your new "Dream Home". This could mean a net gain of more than 200%! A NET GAIN!!!

Not to mention the tax benefits enjoyed when when trading up! (we'll discuss this later)

Here, lets put that into perspective. And to help me do that, please take a minute to analyze the illustration above.

My father also used to say (well actually, he still says it): "a penny saved is a penny earned". As you can see the higher the price of the upgrade home, the higher the savings you'll get to enjoy.

You owe it to yourself to enjoy this life. Don't let the media and the pessimist around the world tell you otherwise. Its time to shift the way you think and look at the opportunities each market offers you.

So, go ahead, sit down with your significant other, discuss what it is that you've always looked for in your "Dream Home", call your Realtor, and go GET IT! Now is the time to upgrade!

Notable Shift in The Market

As we all know, all markets and economic models are based on cycles.

Stocks go up, Stocks go down. Interest rates are adjusted. Real estate sells sometimes sooner, sometimes later.

One thing is for sure, The market has been declining for 3 years now. 3 YEARS!!!! There must have been some changes from then to now. Don't you think?

Recent studies show a notable shift in the Real Estate Marketplace. Home sales are substantially increasing when compared to the last couple of years. While new home construction is close to a 15 year low at only 3.8% GDP, and estimated to go even lower by the start of next year. Diminishing and stabilizing inventory.

The market place has reacted.

Why is this happening? Are investors the main purchasing source? is the common buyer loosing its "fear"?

Many people state that "it just cant go any lower" and are taking advantage of what they perceive is the "Sweet Spot" in the Real Estate Cycle (see illustration above).

Of course there will always be properties for sale that are NOT in the market. But many sellers, banks and private owners alike, realize they need to stay competitive in order to free up their capital.

Remember, there might be many properties ON the market, but not all are IN the market!!! Properties currently IN the market are selling. In fact, well priced properties are selling at a fairly fast pace.

Keep in mind, this is not a waiting Market. This is a BUYERS MARKET and for a very good reason. THE PUBLIC IS BUYING!

Let us hear what you have to say.