The real estate market in Lubbock is moving but moving a little slower than in the previous few years.  Realtor Magazine puts out a Weekly Book Scan with reviews and comments about real estate books.  One in particular caught me eye, as I think it applies to Lubbock as well as much of the nation.  The title is "Making Hard Cash in a Soft Real Estate Market".  This book reminds us - both realtors and home owners/investors - that the market doesn't have to be hot to make money in real estate.

The article recaps five tips for investors in a slower market.  Those tips focus on timing, being financially ready, and the buy and hold strategy, finding the best deal, and having an exit strategy.  Like the stock market, buy low, and sell high applies.  In order to recognize the lows and highs we need to read, stay informed, study the market.  If the time is right, will you be ready?  This is where having cash reserves comes in - and keeping your credit report fit.  If investing is something you are ready to do, check out this book and give me a call if I can help in your search for the right property.

Found in the top 10 real estate books (list published on 11/19/07) is "The Milliionaire Real Estate Agent: It's Not About The Money...It's About Being The Best You Can Be!" by Gary Keller, Dave Jenks, and Jay Papasan.  This is a wonderful book, and I personally recommend it.  The target audience for this book is realtors but individuals outside this industry would also enjoy and benefit from the collective wisdom of these authors.

If you want to tap into some of the bargains available now in Lubbock real estate, give me a call.  The bargains are there.  Sellers are ready to make deals. 

TGIF and have a great weekend!