Office: 260-485-0784      Fax: 260-479-1599     
Email: info@jmoreg.com  

Welcome to jmo real estate group

Attention Fort Wayne and Northeastern Indiana Area, BUYERS and SELLERS  

Welcome to our site, we appreciate you stopping by and look forward to assisting you with your next Fort Wayne Area Real Estate transaction.

Please contact us today, and learn how we can help.    

BUYERS

SELLERS

  • 4% listing Rate, Call today to see if you qualify!
  • Receive a free Competitive Market Analysis (CMA) for your home
  • Get approved to buy a home without selling your current home
  • Learn how we help find prequalified Buyers to purchase your home
  • Learn how we put the Power of the Internet to work for you and your home
  • Gather general information about today’s ever changing market with no obligation
Thank you for your interest and I look forward to working with you.  

Sincerely,

Jerry W. Morrow


Yes, It Is a Great Time to Buy a Home!

It is true that home prices have fallen nationwide, and some feel prices may continue to fall over the next year.  So why is it a good time to buy?

  1. If you are purchasing a home to live in for the next 8 - 10 years, or more, you will most likely come out ahead, even if prices decline in the short term. Historically home prices increase an average of 6% annually.  Although prices have fallen, it follows an unreasonable exuberance and unsustainable rise of nearly 88% in the last 10 years.  And, according to the National Association of Realtors, 2007 was the 5th best year in the history of real estate in the U.S. Bet your nightly newscast never mentioned that!
  2. Interest rates are still near historic lows. Should oil prices and other costs continue to rise and push up inflation, interest rates are likely to rise as well. This is one huge reason not to wait if you are thinking about delaying a purchase because you think prices will continue to fall.
  3. There is a huge inventory of homes on the market to choose from. Finding your dream home is more likely than in recent years, where you may have had only a few homes in your price range to choose from.  A couple of years ago buyers were buying the first home they saw because they were afraid of not getting a home at all.  Now you have the option of taking more time, and being able to buy more home for your money.

Many people these days are holding off because they think prices will continue to fall.  But, like the stock market, you can't time it and you can't predict it.  If you have the ability, and will be living in the home for the long-term, Now is a Great Time to Buy!




I'd like to thank Jerry Morrow and the JMO Real Estate Group for helping me find my dream home. My daughter Lexis absolutely loves her new play set in our back yard. Thanks again Jerry it was a pleasure.

Sincerely,
Chris B.
Fort Wayne, IN