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Whether you are a buyer, a seller, or just like to be informed about real estate; this piece from the Today Show will likely make you re-evaluate some of your assumptions about the current market.
FIVE BIGGEST REAL ESTATE MYTHS
1. Sellers today are desperate
2. Don’t buy before prices have bottomed
3. You can’t buy a home with less than 20% down
4. Now is the absolute worse time to sell
5. Before you refinance, shop around
Looking at this video, you’d think they are talking about Miami! But it is important to remember that real estate is local. And the only way you are going to understand the real implications for our market is by working with a good Realtor who will answer your questions, give you the information you need and help you build a plan.
You may also be interested in my posts: Tried And True Tips For Sellers and Selling Your Home: Desperate Times Call For Desperate Measures
For my latest posts on Brickell Key real estate, market conditions, closed sales and new listings click here.