I believe it is great time to buy.
Last month I was attending Steve Harney's seminar here in Anchorage and he said a research group recently asked a 100 economic gurus what they really thought about the future of the real estate market?
They took all the answers and calculated an average. It appears that over the next 2 years the economists believe that rent prices will increase up by $200/mo! Which put the scale even in a stronger position to buy.
Barbara-Jo, thank you for the article. It is hot topic!
Renting vs buying is a hot topic right now. The rental market is hot, so hot that rental prices are constantly increasing. Knowing that should be enough for people to decide to purchase!
What many people fail to realize is that even with the reduced property values of late, money invested in a home or condo is still the best decision. Homeownership is probably the largest financial investment you will ever make and that investment is safer than it would be in more volatile investments in stocks, bonds or mutual funds.
With the low prices we are currently seeing, together with interest rates the lowest they have been in the last half century, there should be no question. Purchasing a home or condo is the BEST possible investment opportunity you can have. Take advantage of it now, before property values AND interest rates start increasing.
Buying or Selling - - Call Barbara-Jo for all of your real estate needs! - - 727-512-0910
Ich Spreche Deutsch!!!
Barbara-Jo Roberts Berberi
Charles Rutenberg Realty
Serving the Greater Clearwater Florida Area,
the Gulf Beaches and beyond
Waterfront condos & homes
relocation, investment, upsizing, downsizing
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If you are thinking of purchasing in the Clearwater, Palm Harbor, Crystal Beach, Safety Harbor, Dunedin, Tarpon Springs area or along our pristine Gulf Beaches, give me a call! With years of experience in the local real estate market, I am here to assist you in making one of the most important purchases of your life! Give me a call today! Find out for yourself why living along the Gulf Coast is indeed living in Paradise!