Whatever takes place, we can be assured that the Real Estate industry is alive and vibrant. That was and is a good way to exit one year and start another. We have strong reports of lack of inventory, multiple bidding, low interest rates and talk of appreciate in many parts of the country.
WELL LOOKY HERE
Even new construction has raised its head up and is looking around for a foot hold too. What stands out for many people after living through this last year is what to do and what not to do and it is very plain and clear too.
AFFORDABILITY
Don't buy more home than you can afford is a big lesson learned here. Another is to not borrow against your home for any reason. How about putting money away for the famous rainy days we hear so much about.
IT CANT BE KILLED
Real Estate cannot be killed off. Yes, it can be stalled, manipulated and even abused, but it has this way of picking itself up off the ground, shaking the trauma off and becoming part of the three legged stool that all AMERICANS sit on.
INCOME PROPERTY PROSPERITY
Rentals are something every investor is looking into right now. You see locking in a low interest rate on income property assures guaranteed future income that will and can keep up with the cost of living. As rents go up, payments go down and in time your cash flow is working at optimum
BE CERTAIN ABOUT THIS
The stock market is questionable, investment speculations remain risky and controversial but Real Estate will always be here and be in demand as it goes through its varying cycles both normal and manipulated as well as disaster influenced too.
It always comes back and perfomes providing you handle it right.....After all, we all need a place to stay...Yes?
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