Friday, February 22, 2008

Traffic Pattern for Realtor.com

The graph above demonstrates the traffic pattern for the past 3 years on Realtor.com. Graph is courtesy of Alexa.com. This graph demonstrates why it's a great time to buy a home now rather than waiting like most unsophisticated buyers. You don't have to be an investor to purchase a home, just don't do what everybody else is doing. Buy Low and Sell High!

Looking back, the most opportune time to sell your home for top dollar was the 1st quarter of 2006. Now, it's a great time to purchase a home. Buyers have dried up and sellers are desperate. If you've got money (at least 5% down) have great credit (over 700), you're in complete control. Keep in mind you need 10% down if your going to state your income.
To view a free list of bank owned homes in the San Fernando Valley, click here.

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