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Fall at the Shore
Summer like weather as we transition to our next season. The sale inventory has spiked up a bit as is typical after Labor Day. The prime locations (including ocean front and bay front) are selling. The rental property owners are making decisions about rates and availability for summer 2008.
There are qualified buyers still waiting for a sign about the right time to make a purchase along the coast. Lower interest rates will help, but usually it’s more about fear than actual costs. This is a “life style” purchase- not a need for housing. And, if you can imagine the joy it will bring, then it’s the right decision. In my experience, those who agonize too long may never find the right time and regret the missed opportunities.