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What Causes People to Buy at this Time with this Market?

Written by June Holder

Home sales have shifted from investment buyers from previous months, to buyers who either were previous owners or new home buyers.  What motivates these buyers to push forward?  Obvious reasons are low market and low interest rates!!

Buyers getting in at the low point of the market cycle will inevitably receive higher wealth gains over the next few years; even though financial gain is not their principal motivation.  History shows that when buyers purchase in the low cycle of the market, will be set financially more stable than purchasing in the high cycle.

Unfortunately, many who would like to buy are either stumped by tight credit requirements or earning too little to qualify.  At this stage in the cycle, it is imperative to encourage young people to stay in school.  High school dropouts are far more likely to struggle economically throughout their lives than those who graduate.  Even though we keep hearing the same old thing that an education is so important; no other time in the history of our country since the “Great Depression” has this been shown to us.

Now is the best time to purchase as we have seen a level off of the market; and in some instances it has turned and is beginning to rise.  Utah has started to heal from the wounds of unemployment and is rising to a higher level.  It is great to see people buying again and being responsible for their actions.  We live in a great community, great state, wonderful country and the future looks just a little bit brighter each day!

What Our Customers Are Saying

Very pleased. Joel was professional and honest. When asked, he gave his opinion, but did not try to over sell. He was very responsive, but also was respectful of our space. Our relationship seemed genuine and he gave us great personal attention. H...

Ferrin Affleck

Paige Marsh was the best real estate agent I have ever worked with and I have worked with at least 15 agents in the past 20 years on residential or commercial sales or leases. I work in Sales for a landscape company and I understand what it takes ...

Rob Archer

Paige was always calm, listened to our interests and concerns, and gave careful attention to details. She acted quickly when time was an issue and didn't become frustrated with us when we changed our mind after making an offer. Paige worked with u...

R & R Fawson

For several months,my husband and I were struggling in trying to find a home that would fit our needs. We started working with Paige from The Bird Team and within 1 week Paige found us the perfect home that suited our needs. She was very knowledge...

Lance & Brenda

My wife and I had a great experience working with Paige! She was ALWAYS available to answer our many questions, often at very early or late hours. On the rare occasion she didn't have an answer, she would find us the answer within minutes! She is ...

Steve & Micki

Joel is an honest and straight forward agent. Takes the stress out of all transactions, understands the market, a true asset to buyers and sellers alike. Have bought and sold with Joel and will suggest to all of my collegues and friends.

Jason Killebrew

Joel was very professional during the whole process. I appreciated his quick responses to my calls and texts. I felt he was really helpful without being pushy. He took the time to listen to my concerns and answer my questions. I would definitely r...

Aeme Skelton

Scott provided me with a lead on an investment property that turned out to be just what I was looking for. I quickly cleaned it up a little and he put it on the market to flip it. Within a month I had multiple offers and was able to close with a v...

Tom Comstock

Scott's knowledge of market conditions and realities of the market was a big help in deciding whether the offer was reasonable and should be considered. Scott was very even handed in dealing with the issues of the sale and dealing with the facts n...

Joe

Scott is the best realtor in the area he helped me out of several problems with my loan and several other things involved with my purchase. I'm in California it was hard for me to expedite the things that I needed to in Utah and Scott and his tea...

Kevin

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