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Thursday, December 1, 2005

In the Real Estate Business, the Only Thing That's Constant... is Change!

There is quite a bit of talk these days about changes in the market place. Will the "bubble" burst? Is my home's value diminishing as we speak? Should I buy? Should I sell?

If you think about it, these are questions asked when one is invested in ANY market, not just real estate. We all have the built-in "human" factor of wanting to beat the market, i.e., buy low and sell high, so we can be proud of our market savvy.

The beauty of the real estate market is that you do not have to do so. If you bought your home six months ago or more, chances are great that you have realized a profit. If you have no real reason to move, don't sell. If you see more opportunity for you and your family in a newer, bigger (or smaller) home, it makes sense to sell now and buy now. The real estate market is a long-term venture, not one to try to beat day by day. Most of us are not living in our homes because it could be the best investment we will ever make, but rather that it is our home. The roof over our heads. The place where our kids grow up. Our roots. There should be no pressure on you to buy or sell unless you have made your home more an investment than a home. If you have, the decisions you may feel you need to make are different. If you are looking at your house as your home, then simply live there and enjoy it. If you wish to upgrade or change your surroundings OR if you are concerned about the investment aspect of your property, call your Prudential California Realty professional and get the latest market data via our MarketWatch Report and make good solid, educated decisions.

The market is ALWAYS good — if you read it correctly and know how to make the right moves. If you do not, we do. We can help you. But the best advice we can offer is not to worry about it. After all, how much did your mom and dad pay for their house — and how much is it worth today?

www.TheMMTeam.com