The spring season is just ahead of us and for those of us in real estate sales, we know that is the busiest time of the year.  Specifically, March, April and May are the three biggest months for sales and have been for the last several years that I've been keeping track of statistics.  Even though the market has been tough in the eyes of many, buyers and sellers should still look forward to a more robust real estate sales market than we had in the last two quarters.  Flying in the face of convention, The Christian Group has just had the best January and February it ever had in any given year since 2004.  It seems like 2008 is beginning to be a very unusual year indeed.  I think that quite a few folks are out there wondering whether they are credit worthy enough to purchase a home.  This thought might hold a lot of people back because everyone's heard so much of the negative hype spewed out by the media.  If your credit is not so good, it might be compensated by the outlay of additional downpayment on the home.  There are actually all kinds of factors that influence mortgage companies.  However, you never know until you actual apply for loan pre approval whether you're a viable candidate.  Because builder homes are still reasonably priced at the present time and because existing home prices have softened in North Texas, it is most probably worth your while to explore whether you can qualify for a loan.  Home prices will not be soft for ever, and builders will soon run out of their inventory (having slowed their build jobs) eventually resulting in sufficient pressure for price increases.  When will this happen you might ask?  It would be difficult to make an accurate assumption that would be useful to anyone.  However, most people are not really savvy enough to time the market such that they make a purchase at just the right time and on just the right terms.  No one, but no one, can predict mortgage interest rates (except that they will change) and no one knows when markets will zing back to previous highs or sink to lower lows.  I suggest that because rates are still historically low...its now a good time to buy...that because it is considered by some to be a buyer's market...it is now (for buyers) an especially good time to buy...that because most of us are not market experts and don''t know enough about financial and housing markets...that now is not the time to...time the market, but rather the superior thinking and strategy is to buy in a market when things are really not so bad and when given market factors are known.  "Better the devil you do know than the devil you don't" someone once said.  In fact, it is a pretty darn good time to buy a home if you're a prospective buyer.  Don't wait!  Search for a home now and be in your new home in time to enjoy your new yard, planting, barbecue , swimming pool or lake frontage before summer comes and goes. 

If I can be of service to you, please contact me for an appointment to see one of our many residential listings, lakefront homes and lake lots.

Regards,

Bernie