For some...one dream isn’t big enough.
Thinking of buying in South Padre Island?
“There is no time like the present” might not first come to mind when looking at today’s national housing market. These words of wisdom are quite appropriate when a closer look is given to individual local markets like South Padre Island. There are currently favorable factors that are contributing to making this a most opportune time to buy a home. Inventory is up – translating into more choices for the buyer. Sellers are motivated as properties have lingered “unsold” for a time now. Unfortunate spikes in foreclosures are also providing buyers with an advantageous negotiating position they haven’t enjoyed for years. Interest rates are historically low. While banks have tightened lending requirements in the wake of increased loan defaults, homebuyers still have little trouble securing favorable financing terms. A market climate like this especially favors buyers who don’t need to sell an existing property before their purchase. Presently, the scale is tilted in favor of first-time buyers and if one dream isn’t big enough – those also looking for a second home.
Regardless of the situation, every buyer should work with a real estate professional that knows the market and specializes in buyer representation – an ABR®. I am one of 40,000 members of the Real Estate Buyer’s Agent Council of the National Association of Realtors®. I am committed to being “your voice”. Whether your purchase leads you down the traditional path or takes you through a road less traveled by – I make your interests my very own.