Christine Emmick - Pittsburgh, PA - November 20, 2008
With the bank foreclosures and mortgage trouble of the last few months, people are looking for affordable housing these days. Real estate listings show that home prices are falling, banks are looking to get rid of foreclosed homes and homeowners who are in over their head with adjustable rate mortgages are selling to avoid bankruptcy. People are having trouble selling their homes, and are willing to sell them for less money than their appraised value.
While these statistics may not be comforting to those going through foreclosure, the lull in the housing market provides an ideal environment for buying real estate. Las Vegas real estate has lost value to be sure, but the home market in the Pittsburgh area is relatively stable. Ron DaParma, a real estate writer for the Pittsburgh Tribune-Review says, "...that has not been the story for home prices (in Pittsburgh), which with few exceptions, have been rising steadily dating back to 2005."
The "buyer's market," as real estate professionals call it, makes an ideal situation for those looking to invest their money in real estate. Jim Toner, a Pittsburgh area real estate investor with over twenty years experience says "the time is now" for investing in the housing market. His company, Wealth Builders, specializes in giving personal training for those just getting started in real estate, or those looking to refine their strategy. His team is dedicated to providing real world solutions for those wanting to enter the "home business" while home prices are still low, and provides a service that includes a group of talented people working on the investor's behalf.
Even with favorable real estate prices, there are risks to investing in the housing market. Real estate investors can avoid these risks by knowing where the pitfalls lie and acquiring a support system. Wealth Builders can assist those new to the market by giving them a road map and the connections they need to be successful. These tools help new real estate investors avoid costly mistakes and create a virtually fail proof investment strategy.
Some of this information is covered in Toner's free real estate investment seminars. He describes what tools are necessary to be successful and gives real examples of how these tools are implemented. Wealth Builders is hosting three of these free seminars the first week of December. These seminars will be in Monroeville at the Holiday Inn, December 2, 2008 at 7:00 p.m., in Greentree at the Radisson, December 3, 2008 at 7:00 p.m. and in Cranberry at the Pittsburgh Marriott North, December 4, 2008 at 7:00 p.m. To register for any of these upcoming business seminars, please call 412-673-9800, or visit the Wealth Builders' website at www.jimtonerswealthbuilders.com. Be sure to register early, as seating is limited.
Christine Emmick is a freelance business writer and has lived in the Pittsburgh area for the past 30 years.
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