Buyer’s Dilemma

Buyer’s in today’s market are faced with a dilemma, should they buy or should they wait? With historic lows in the mortgage market and prices that as reported hit bottom around July of ’09 buyer’s are in a position to capitalize on the financial meltdown of our economy. Let’s face it everyone wants a deal and as someone once said “hog’s get fat, pig’s get slaughtered”…is it time to take the plunge and capitalize on the market or sit idle on the sideline? Many buyer’s still believe that prices will fall further even with market data that supports the opposite (obviously depending on the localized market). Buyer’s point to the outstanding inventory of foreclosures that have yet to hit the market, and in all honesty I don’t think that anybody really knows the true numbers or the impact of those homes when (and I do say when not if) they hit the market. If they are slowly released and allowed to be purchased the impact may be slight. If they are released in mass, the market may take another hit. The fact is that banks are in business to make money, and since for all intents and purposes, the foreclosed on home is an asset of the bank, why would they further depreciate their asset by releasing in mass their inventory and driving down prices.

It still comes down to the question of should a buyer buy? I believe the answer is yes. If they find the right house for themselves then take the leap of faith. My family has been in LA since the 1940’s and with each and every market downturn, there has been a rebound with prices rising to levels above what they were before.

About LA Real Estate Info

As a native to Los Angeles, Aaron has been buying and selling homes in the Los Angeles area since 1992. With extensive real estate experience, representing first time home buyers to high profile clientele in entertainment and related businesses he is a third generation resident, his knowledge includes a vast history of sales throughout the Los Angeles area. Some of his real estate areas of expertise are the Sunset Strip, Beverly Hills, Hollywood Hills, Bel Air, Brentwood, West Hollywood, Encino, Sherman Oaks and Studio City. He believes in representing all clients with utmost care, respect and attention to detail is a priority. I have the knowledge and experience to get my clients the most amount of money for their homes in any type of market. I came to Rodeo Realty after having become a Top Producer for Coldwell Banker and one of the top 50 agents in the entire Northwest Region. Prior to real estate, I had been a successful entertainment executive. I oversaw the development of programming, implementation of technologies and negotiation of strategic partnerships for I also served as producer of the independent feature film “Love, From Ground Zero”, and was a development and production executive for feature film companies based at Paramount, Disney and 20thCentury Fox. This gives me aunique background for employing a variety of creative marketing strategies to insure a timely and successful close to eachtransaction. I believe the trust that is passed on to me by my clients must be continually earned. It is this commitment to my clients and their needs, which is the cornerstone of my business and philosophy. Together with exceptional communication skills and comprehensive knowledge of the business, I am able to successfully navigate all aspects of the real estate business for my clients in any market condition. So when you decide that you'd like to buy or sell a home in the Beverly Hills, Bel Air, Brentwood, West Hollywood, Encino, Sherman Oaks, Studio City, Hollywood Hills areas, please contact me.
This entry was posted in Uncategorized and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s