Great time to invest
This is a very good time to invest. Home prices has falling however as many of you know it won't be long before the prices began to rise again
Maximum One Greater Atlanta Realtors - Atlanta, GA
Selling Atlanta Homes like a Boss
Major Mortgage USA/Branch Manager - Montrose, CO
KW Vaca Valley - Vacaville, CA
Determined to Move You in Solano County
YES!! I absolutely agree! Get the media out of the way and let the buyers know this is a great time to buy!
Jun 13, 2007 04:11 PM
eXp Realty LLC - Tigard, OR
Principle Broker Oregon
I have been working with more and more investors lately and I think people are realizing exactly what you are saying. If they buy now and when in 5 years the market turns around again they will be rich!
Jun 13, 2007 05:35 PM
COLDWELL BANKER RESIDENTIAL BROKERAGE - Dundalk, MD
your absolutely right, too bad the media won't report it that way. they are always pointing out the negative rather than stressing the positive
Jun 13, 2007 09:58 PM
Michael Hutchins Ent. - Chicago, IL
Hi Marcus. I just wanted to welcome you to the Rain! I hope you enjoy it here and keep blogging!
Jun 14, 2007 04:14 AM
Sterling Fine Properties - Phoenix, AZ
Last week, I wrote about Phoenix being named one of the 10 best places for real estate deals (according to Forbes). Phoenix is, and will continue to be, a great place to find real estate deals because of economic fundamentals – factors like strong job growth and population increases that underpin a strong real estate market.
If that’s not enough good news for investors in the Phoenix market, here’s some more: Phoenix rates among the 10 least risky real estate markets. That’s according to mortgage risk management and fraud protection company First American CoreLogic Inc.
According to an Inman news story out late last week, Mark Fleming, CEO of First American CoreLogic Inc., said that while there was rapid price appreciation here over the last few years, house prices are not the most important driver of mortgage delinquency risk. Instead, unemployment and wage growth are the fundamental drivers. Because job and wage growth are strong in Phoenix, the real estate market here is fundamentally strong.
The combination of a fundamentally strong real estate market and a relatively high rate of foreclosures creates unique opportunities for investors in the Phoenix area. For those willing to ride out the rest of the market correction, buying properties in foreclosure now should yield a good return as the fundamental strength in the Phoenix real estate market brings home values back up.
Oct 23, 2007 05:31 PM
Rainer
3,753
3,753
Marcus Clemmons
Your Home. Your Future. My Commitment!
Comments(7)