It’s funny how you can say something and then have some of the biggest websites on the internet back you up!
The fact is, Market Watch posted an excellent article about what’s going on out there in the borrowing world How about a 30-Year Fixed for 4.19%?
You can check out the whole article here: http://www.marketwatch.com/story/30-year-fixed-rate-mortgage-avg-at-all-time-low-2010-10-14-1025140
How incredible is that?
Well…I can still remember 14% in the 80’s!!!
Here’s the only problem I see…
We’re running out of inventory below $500K—Yep, you read that right! The loans are so attractive, that homes are moving very rapidly.
So much so, that these are real numbers pulled today, October 14th,2010:
263 Lake Properties have Sold and Closed since Jan 1st and there are another 51 Under Contract right now waiting to close with quite a few of those 51 going under contract since Labor Day!
To have the aforementioned report emailed to you, drop me a quick note at noreenhartkern@yahoo.com
On a lake where the most expensive homes right now on the market hover around $5Million, remember that $500K is an absolute bargain!
Get on Smith Mountain Lake while there’s still time!
Go here to get started:
http://smithmountainlakefronthomes.com/free_report.htm
and let’s talk soon!
Noreen
ABOUT THE AUTHOR: Noreen Hartkern is a well-respected Zillow 5-Star Agent on Smith Mountain Lake, Virginia, with over 26+ Years of Real Estate Expertise. Noreen is an Accomplished Realtor, Real Estate Consultant, New Construction Specialist, Blog Writer & Photographer. In Addition to Listings and Sales, Buyers and Sellers Agency, She has Extensive Experience as a Home Renovator, Rehabber and Flipper, and is a Published Author on That Very Topic.
Want "The Smith Mountain Lake Edge"? LOVE Super-Stealth BARGAINS on Smith Mountain Lake? Want to KNOW WHERE THE DEALS ARE BEFORE ANYONE ELSE DOES? GET NOREEN'S SECRET FREE SML REPORT The Bottom is OVER...Grab Some Deals Before they're all GONE!
See You Here Soon! Noreen Hartkern Mobile – (540) 420-1294 noreenhartkern@yahoo.com