Thursday, July 16, 2009

Real estate is the key

"It will be real estate that starts to stimulate the economy,"

"I don't buy into the concept of bottoming out.........People make the decision to buy based on their personal wants and needs. Is it the right time to buy? If you are comfortable with where you are financially, then now is the time to do it."

"Real estate is a commodity that will not and cannot disappear,"

"We live in it, we work in it, we shop in it and we worship in it. No matter how many downturns there are in the market, real estate eventually always goes up in value."

"First-timers are still the fuel needed to get the move-up buyer back in the game, but the key is to price smart--price to sell........If you're waiting for another price war, it's not going to happen for a long while."

"Buy. Get into the market, because the rates are historically low and prices in the Alberta market are down. But also be patient because the value of the home is going to increase and you're going to be able to move up if you're smart throughout the process."

John Gaha president of Coldwell Banker Canada

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