Cranford office location since 1981. Central Jersey properties,including shore towns! Residential and Commercial. Serving your real estate needs with integrity, commitment and decades of experience.

For Potential Purchasers, the following is written as a community service by Arthur Kiamie, President of KIAMIE AGENCY, INC.

WHY YOU SHOULD BUY NOW!

The year 2012 will mark the beginning of a recovery in the real estate market! As the market recovers, more homes will be offered for sale. Interest rates are extremely low at this time. As buyers move in to take advantage of the low prices of homes and low interest rates, demand will increase; prices will begin to show some recovery and I expect interest rates will rise again. However, it has been projected by “leading economists” that rates will hold for the remainder of the year. This writer believes that it will remain low so long as demand for loans is low. As soon as possible, leaders will raise rates to the maximum that the market will endure. This is why buyers need to “work the system” and not rely upon the bank messages you hear on TV!! The following chart was copied from a credible source. It does dramatically demonstrate how low rates are! In 1981 +/- , rates were almost 18%! Having owned a real estate office since 1981, I can attest to the fact that the market slowed down. At 14.5 % buyers were still active, chasing the appreciation that homes were experiencing. People were afraid that if they waited homes would become so inflated that incomes could not handle the payments.

This is a cycle that we have seen before, but not to such an extent. In our office, we advise buyers to be active in their searching, be decisive in their decision to make an offer or not, before the market changes. The savings in price, and the dramatic savings in the loan interest rates, combine to save homeowners thousands of dollars each year. Over thirty years, the savings is staggering!

If you are reasonably qualified, you will get a loan. Do your research. You will get more cooperation than you might think! Call Kiamie Agency, Inc., at 908-276-2400. We will be happy to assist you ! KIAMIE AGENCY, INC., LICENSED REAL ESTATE BROKERS is pleased to have this opportunity to provide this community service!