Market Points to Home Buying Opportunity

FOR IMMEDIATE RELEASE

Contact:
Lillian Walker
Broker Owner
Exit Beach Cities Realty in Huntington Beach
714 865-5626
LillianWalker@verizon.net

Market Points to Home Buying Opportunity

Huntington Beach, CA (Grassroots Newswire) 4-23-09 -- Recent uncertainty in the sub-prime mortgage sector has created a great opportunity for home buyers here in Huntington Beach according to recent market trends.

Sales are up as a result of a 70 year low in mortgage interest rates,shrinking inventory, properties priced fairly for their condition, and a growing number of ready, willing and able buyers who are either pre-approved or are purchasing all cash. In contrast, only one third of all offers made on homes actually stand a chance of being considered by sellers due to incomplete purchase offer documentation. Approximatley 40% of the inventory for sale is made up of short sales and foreclosed properties in the Orange County. Bank Owned foreclosures require buyers and their agents to submit "The Big 5" which are complete offers including 1) purchase offer 2) deposit check 3) Lender Letter of Approval 4) Proof of Funds 5) Credit.

"A lot of people are taking advantage of these conditions and are being rewarded by finding homes in areas that have in the past been difficult to find inventory," remarked Lillian Walker, Broker Owner, of Exit Beach Cities Realty. "What a great time to buy a home."

Many homeowners have gone beyond thinking about moving, to spending some time with a REALTOR® to find a home that best fits their current needs. "We're in a bit of a window right now," Walker remarked. "I'm pleased with the quality of the homes available to show my clients."

Exit Beach Cities Realty is one of the fastest growing real estate companies in this area. Driven by higher than industry average commissions and a retirement program, EXIT Realty's revolutionary Formula of financial remuneration for salespeople is taking the real estate industry by storm.

For more information about Exit Beach Cities Realty, please call 714 847-3454 x 307. Exit Beach Cities Realty is located at 7152 Edinger Ave Huntington Beach, Ca 92647 www.huntingtonbeachcalrealestate.com * The Official Real Estate Company of THE HOME & GARDEN SHOW coming to SoCal May 29th-31st at the Anaheim Convention Center.

###

Documents and/or Photos available for this release:

Lillian Walker-Exit Beach Cities Realty Huntington Beach California Broker Owner

To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 203788