Myrl Jeffcoat’s Real Estate News
THE REAL ESTATE
NEWSLETTER FOR TODAY’S HOMEOWNER
Dreams into a Reality
By: Myrl Jeffcoat - December 20th 2007
Turning Dreams into Reality
long ago, I lamented that as a
child, I often daydreamed about living in a home similar to the
doll house I had. The
doll house became among the most cherished memories.
we grow older and hopefully mature to a certain degree, we realize that
what we wish for as a child isn’t always possible.
However, something about that little Victorian doll house, decked
out in holiday grandeur, had never drifted far from my dreams for the
did I realize years later that I would become a Realtor, and would often
become the instrument or channel for making many clients' dreams for a
home come true.
November 1981 when I received her real estate license, the interest
rates were at this nation’s highest.
Homes purchased then, were not chosen because of the
"warm-fuzzy" feelings they lavished.
They were primarily chosen because they were the one in twenty
properties on the market for sale with a good assumable low interest
rate loan, and low equity....In other words, they were affordable and
practical - even though they were not necessarily a dream home.
(continued on next column) -
Many Real Estate professionals, believe we may be on the threshold of one of the greatest real estate opportunities experienced in California in many years. There is one of the largest inventories of homes on the market for sale coupled with low interest rates for mortgages.
of entry-level homes are finding although their income would not make
home mortgage payments affordable for them in the past, the lower
interest rates and home prices, are now considerably more comfortable. Many more first time buyers are qualifying for homes.
And, these same buyers are having a much larger selection of
homes to choose from.
Many Real Estate clients who wished to move up to a second,
or third home, a few years ago were finding that the cost differential
between their existing homes and homes they wished to move into was a
difficult stretch. Now,
because the upper-end home has borne the brunt of our current market
conditions, these same clients are finding they can comfortably make the
move they had wished for in years past.
(continued on next column) -
If you believe as I do, that this may be a window of opportunity for you to achieve the dream of home ownership – please contact me, so I may assist you in turning that dream into reality!
And as we approach the ending of this current year – I want to take this opportunity to wish you and your family, a Very Happy Holiday Season, and a Very Prosperous New Year!
you are currently considering selling or marketing a home, please feel
free to call or contact me. I can provide a free, no-obligation
Comparative Market Analysis of your property. . .Or if you are thinking
of buying a home, I would be pleased to be given the opportunity to sit
and explore with you the opportunities that await homebuyers at the
Service is always
Sacramento - El Dorado - Placer Counties
Date: December 2007