Sunday, November 26, 2006

"Good Time to Buy"

The market transition is good news for home buyers, says NAR’s new president, Pat Vredevoogd Combs. “With the supply of homes at the highest level in over a decade and historically low mortgage interest rates, it’s become a great time to buy a home,” says Combs, vice president of Coldwell Banker AJS Schmidt in Grand Rapids. “This window of opportunity will continue into the new year, but inventories are starting to decline and sellers will be less willing to negotiate when conditions begin to balance in most areas around early spring.”

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