Five Biggest Real Estate Myths

Colleen Kulikowski October 5, 2015

I am always asked “Is this a good time to sell?” or “Should I purchase a home in WNY now?” Those are loaded questions folks. You cannot answer them generally. Each situation is unique, your goals and needs are part of the reason it is either a good or bad time to buy. But there are signs that now is a good time to purchase in our area.
It is helpful to understand these myths and how they may apply to your situation. These myths are:

The Today Show recently featured Barbara Corcoran

  1. Sellers are desperate
  2. Don’t buy before prices have bottomed
  3. You can’t buy a home unless you have 20% down
  4. Now is the absolute worst time to sell
  5. Before you refinance, shop around

What About One Of These Homes?

All statistics are gathered from the Buffalo Niagara Association of REALTORS®.

For more information, call our J. Philip Real Estate Team at (716) 650-0051

Thinking of selling your Western New York home? Interested in finding out the current market value of your single family home, condo or investment property? Then call us at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home.

Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2016 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.

 

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