In Lahaina right before Warren and Annabelle's (a comedy and magic show...a must see in Maui!)
Waterfall on the Road to Hana...
The island of Maui behind us.
Sunrise at Haleakala Crater.
You can see the Road to Hana on the hills behind us.
An amazing sunset from the beach.
So when do you buy stocks? Simple question right...best answer, when there at the lowest point and just before they go up. That's how you make money in the stock market. Well, how do you get a good deal on a home? Answer: Buy when the markets are down, but signs point to an upward rise.
Before I go into this, I want to shed some light on what makes a home go up in value. Sure land value goes up but the desire for homes is the true appreciation. What do I mean? Well the more buyers that are on the market buying homes the more you can list your home for and the greater price you can get, which in turn fuels the market and creates appreciation.
So now that you understand that, I want to point out an article that just hit the Seattle Times yesterday. The title was "King County home prices slide again, but more people are buying". What does that tell you...well it tells me that we may have hit the bottom. Pending sales means one clear thing...more buyers! This is great news for the market.
In September, sellers accepted buyers' offers on 1,767 houses, up nearly 15 percent from September 2007.
October 7, 2008 By Eric Pryne, Seattle Times business reporter
All the real estate agents I have worked with say that it is getting harder and harder to get sellers to negotiate on purchase prices because of multiple offers on homes. As soon as the market begins to swing with more buyers...watch out. It is going to get competitive out there. So strike now while the irons hot. Find out what your financing or rent-to-own options look like and get into a home now at the low point in the market!
