Clear, and 58 ° F. Good Time To Buy Manhattan Beach Real Estate
Sunday, June 7th, 2009
With Mortgage rates at record lows, and an abundance of houses on the Manhattan Beach market, the time is right to buy a new Manhattan Beach real estate property.
In an effort to help jump start the flagging Manhattan Beach housing market, the federal reserve recently lowered interest rates, opening greater access to money for lenders. This normally makes it easier to qualify for mortgage loans for Manhattan Beach real estate. And this is certainly the case, however, you may also have been hearing that big-name lenders are folding up and tightening their loan requirements.
It’s true; the mortgage loan market is experiencing turbulence and lenders are acting nervous. But don’t let this scare you; the truth is that banks are still making money on loans, and the Manhattan Beach economy is more stable than the nightly news people want you to believe.
Buying a new house in the Manhattan Beach real estate market is making a lot of sense right now because prices are good and there are plenty of choices. Smart real estate investors will look to this kind of opportunity to get the right house at the right price.
If you are interested in learning more about our local Manhattan Beach real estate market, give me a call. I am currently showing homes in the Manhattan Beach area, and would love to show you some of the great deals we have out there.
-Sheri Kapust, REALTOR ®, 310 7207928
Find me at our real estate website at: www.sherisellsre.com