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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!

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I had the pleasure of working with Stratum Real Estate Company in Cedar City, Utah. Paige Marsh was an exceptional real estate agent. She worked diligently to work a complicated transaction to fruition, and was readily available to answer all of...

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Brad goes out of his way to find a home that fits your needs. He helps you to see the pros and cons of a home so you can make an informed decision with confidence.

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This is the second time we have worked with stratum real estate and we are happy with buying homes with them. Scott bird was very helpful, always there when I texted or called. He answered all of our questions and if he didn't know the answer he f...

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Our experience working with Joel Hilkert was one that required a lot of patience on his end, us being fairly new to the house purchasing process and our parents being on the other side of the country meant we needed a little bit of extra help. He ...

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Alecia Jones just sold our house for us. She explained the whole process to us very clear and she was so on top of everything. We got what we wanted out of our house plus some. Her assistant Christal is wonderful to work with as well. As a team th...

Tammi Poulos
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Alecia was the perfect fit for us as home hunters. Being first-time buyers she helped us to enjoy the duration of the experience and helped make it fun in searching for our home. Even over the duration of a multi-year process in finding a home, sh...

Justin & Jessica Wayman

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...

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