Real Estate Talk

Friday, November 17, 2006

Do you need any more reasons?

I mentioned here on the last post that now was an excellent time to buy a home. There are many reasons, there are more houses to choose from, interest rates are historically low and sellers are more willing to negoiate. The Washington Post business section had an article on Wednesday that addressed that. I agree with it's conclusions. http://www.washingtonpost.com/wp-dyn/content/article/2006/11/14/AR2006111401253.html

Went to New Orleans last week for the annual convention of Realtors. Donna and I flew in on Thursday and headed straight to Cafe DeMonde for beignets and coffee. We then took a ride in a horse drawn buggy through the French Quarter. It was loads of fun. The area we were didn't show the signs of despair that we saw on tv last year. We didn't get to those areas but we were told that it's still awful and nothing has been done to rebuild and people are still waiting for help so many months later. Things are bogged down in red tape. What a shame. We did get to see Presidents Bill Clinton and George Bush. They were great. Bush was very funny and Clinton said that Bush's revenge on him (Clinton) was that he (Clinton) would forever be his (Bush) straight man. It was a great trip. Learned some things about buying and selling homes that I'll be able to use. The overriding theme was it's a good time to buy.

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