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Real Estate Agent with Coldwell Banker Sea Coast Advantage NC BROKER 168596

I can not tell you how many times in the past six to eight weeks I have been asked the million dollar questions, "Amy, is now a good time to invest in real estate?" or "Do you think market prices have gone as low as they are going to go?" or the best of the best, "When do you think prices are going to see an increase?"  Let's work in reverse. 

To the last question, if I had a crystal ball, I would look into the future and give everyone a definitive answer.  Knowing the answer to that would mean the financial industry and our economy at large had recovered, the stock market was more predictible and the pensions of the baby boomers is now allowing them to consider retirement and relocation to North Carolina's coastal counties.  Not just in a trickle but in a constant flow.  Yes, we are considered the "New Florida" as the final destination of choice, but........how many years off are we based on original predictions for the area.

Question number two, are prices as low as they are going to go, I could only hope as the majority of homeowner's do, that they have.  Is that a reality?  I have to ask you the question, do you believe that banks have released their entire portfolio of repurchased real estate?  Based on conversations I have had with professionals that deal stricly with these property types, I believe there are more homes yet to become available that meet the criteria of foreclosures, distressed, or short sale opportunities. 

For the answer to the first question, is it a good time to invest in real estate?  Please see the answers to questions three and two above.  Ladies and gentlemen, real estate has always been and should remain a long term investment.  The buying opportunity for the first time homeowner, the vacation homeowner, the broker/investor or the relocating retiree is in great abundance.  Prices are down, inventory levels have discarded the unmotivated seller, "the deal" that a home buyer is looking for is available.  The fear to purchase for a quick return on investment will and should remain.  The fear to purchase and realize a modest gain over time should not. 

There is risk associated with any investment whether long or short term, but....see the answers to questions three, two, and one above, then give me a call....  Would I investment in real estate in today's market.......absolutely.         

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Amy Houston Helm

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