Market Update December 2014: ”I will tell you how to become rich….”

  • Market Update December 2014: ”I will tell you how to become rich….”



Market Updates for Blog 2014 - Tem_Murr - Google Sheets-page-001

Yes – those are Warren Buffet’s words and here they are again – “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” Warren Buffet

We all saw the greed in 2005 and 2006 and sadly many of us got burned one way or another. But it could be time to get back in the game! If you are one of those people who will only act when the majority of your friends are acting you are more than likely doomed to buying and selling homes at the WRONG time.

Warren Buffet specializes in buying and selling at the RIGHT time.

Please take a quick look at this chart which is a complete analysis of all single family detached homes sold in Murrieta and Temecula in November 2014. November was a sleepy month with sales down in almost all categories. Yet still 235 homes sold in just 30 days!

Many homes are sold to FHA and VA buyers – at Warburton Properties we are constantly helping buyers into homes with $0 down payment assistance programs.

Sellers are lowering their prices to find the right buyer – if you put it off until next spring you may find that the “buyer market” has waned. I have seen properties in this area go up or down by $50,000 in just 6 – 9 months. The trick as a buyer is to buy when inventory is high. Get pre qualified at Warburton Properties today and see if you can benefit from this sleepy time.

For sellers the good news is that buyers are out there – they really are! We send out over 40,000 email pieces a month to reach the online buyer market. Some weekends we have as many as 15 Open Houses to attract buyers from San Diego, Los Angeles and Orange County. Many home buyers have very little cash in reserve, so the move in ready homes sell much quicker than the fixers – it really is well worth putting some dollars into your home before you put it on the market.

Buyers and sellers we are proud to serve you at Warburton Properties – we make the American Dream the American Reality!

For all your buying and selling needs please contact Warburton Properties at 951 326 5568

Ask for Andrew, Annette or Katherine – “We Live Here – We Work Here” 

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