What you read/hear is not the truth! Stop watching and believing what they ALL say! Anyone remember the bumper sticker that said "Question Authority"? Some facts for you to build your own thoughts around: interest rates are pretty good+inventory is high+values are declining+rental demand is up+new building is down= a really good time to buy (regardless of your situation (first-time home buyer or investor))! The fence is full of those wavering and contemplating "the plunge" and seem lost as to how to decipher the negative onslaught of media. I think you will be surprised with what you find IF you take the time to see what is out there. So take your money out the only secure place to keep it, your mattress, and look at some property! It really is a good investment if you do your homework. Also, there are some good programs out there to assist in your purchase, ask your local Realtor. Fact #2: The market will never go away: people move, down size, marry, divorce, invest, recreate, re-create, decline and hopefully move-up. The real question is not IF but WHEN the market recovers and where will you be? Hopefully, not the fence. There are many opportunities in the market and I feel half the battle is convincing people it is ok to look. What you see is what you get and you don't get what you don't ask for. My call to action: I ask for you to form your own opinions...
Click here to view the full article: http://pewresearch.org/pubs/1096/community-satisfaction-top-cities
Best And Worst Bang For The Buck Cities (Denver is 9th BEST!) In the near future, daily costs, projected job growth and housing prices will most affect the residents of these 20 spots. Click here to view the full article: http://www.forbes.com/2008/10/10/cities-buck-economy-forbeslife-cx_ab_1010realestate.html?partner=email
CSU, CU economists - Colorado’s recovery could start as early as summer: Colorado went through a bad economic year in 2008 and can expect more of the same this year, but there are signs that a recovery could start as soon as summer, a pair of Colorado’s top university business economists agreed Wednesday. Click here to view the full article: http://denver.bizjournals.com/denver/stories/2009/01/19/daily20.html?surround=etf
Existing-Home Sales Show Strong Gain In December: Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors® report released January 26th. Click here to view full article :
http://www.realtor.org/press_room/news_releases/2009/01/ehs_shows_strong_gain?LID=RONav0021
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