GCAR provides this monthly Albany Home Sales summary report video.
Many Albany home buyers took advantage of the tax credits in May, June and July so there are plenty of high value homes in the Albany area going into the fall buying season. Albany home buyers will get the better end of the deal in September and October.
Interest rates are low and there are many quality homes in the Albany MLS.
If HE Says It Is Time To Buy a Home, BUY A HOME!
– John Paulson 9/27/2010
WOW! That’s a powerful statement.
There is no question that John Paulson is a bull when it comes to residential real estate right now. Should we care what Mr. Paulson thinks? Should we listen to him? The answer to both questions is a resounding ‘YES’. Here are several reasons why.
Who is John Paulson?
Paulson is the person who made a fortune betting that the subprime mortgage mess would cause the the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell. What do others think of Paulson?
According to Forbes John Paulson is:
According to the Wall Street Journal Paulson is:
What did other financial players think of his statement?
The Wall Street Journal agrees with Paulson:
And Forbes said:
Are others also saying now is the time to buy?
Just last week, we posted that there is a growing number of people saying that NOW is the time to buy, including:
Bottom Line
Thinking of buying a home? Are you taking advice from a friend or family member telling you that now is not the time? It may be time to listen to people who better understand the opportunities that exist in real estate today.