"The recession and market collapse may actually work in you favor: Not only is it easier to save, but you'll also be buying into the market at a relative low point... When you look at the plunges we've seen in past recessions, we're at the level where production at some point is going to have to ramp back up."(Fortune June 22, 2009)
Use Real Estate to Retire Rich
1. Baby boomers have money & are retiring to warm areas.
2. Prices are at those of 2005... great time for buyers (not good for sellers.)
3. Move ups from renter-income investor to personal- use investor.
4. Single Family Home Inventory is being absorbed.
5. Oceanfront prices are down to 2002; great time to buy for turn around in the future (REAL ESTATE IS A CYCLE)
6. Half-backs coming to Myrtle Beach from Florida.
7. The media focus on national... not Myrtle Beach... we are a resort area and doing Great compared with the nation.
8. Interest rates are GREAT - as soon as the banks start lending... and if you qualify.
Sales are on the rise and prices are incredible here in Myrtle Beach, SC. If you are looking for a way to increase your personal wealth and NOW many are taking money out of the stock market to put into real estate. It is the time to buy... You will miss the market before you know it. By the time the national media recognizes this, the buyer's market will be gone in Myrtle Beach and we'll be in a Sellers market.
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