Real Estate Market on the Rise

From what I read and hear the market is in a perfect position to rebound from the last year's poor performance. It is perfect position for first time home buyers to be in; low interest rates, a glut of available homes, and motivated sellers make for an ideal market. It is expected that these people will stoke the fires that will enable the market to become red hot again in the near future.

If you remember the old nursery rhyme about the "Ole Lady Who Swallowed A Fly" like her insatiable appetite for odd meals, newbies in the market should set off a set of events that will eventually change the market in favour of the seller.

When first time buyers purchase a home they allow seasoned buyers to move on in the market and purchase a higher priced home. They sold to two friends and so on, and so on. The cycle continues.

My sibling used to always cry, "Are we there yet?" in the back of my Dad's Maverick. Good question little brother, the answer is, "Who knows?" This is has been a volatile time in the economy and history is being written as we speak for all those new MBA's our there pouring through their new textbooks. Mavericks are no longer are produced, in fact Ford and GM products in general may soon be gone by way of the Dodo.

I wonder about something. It would appear based on these ideas that it is a buyer's market, a young first time buyer's market. Why not offer more incentives to these Nervous Nellie's such as axing municipal transfer taxes, or offering substantial tax breaks such as claiming real estate commission fees regardless of whether it would be for a job. In fact, what about this,...

To spice up the market, all agents selling to a new home buyer must pay back the purchaser 1% of their commission as an incentive to enter the market.

Membership does have it privileges. Or so they say