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A unique time to be buying is here!

By
Real Estate Broker/Owner with Maine Realty LLC

January 2009- A GREAT TIME TO BUY!

I am telling all of my investor clients that now is a great time to be buying- many think that because of the winter snow and the doom and gloom in the air that they should keep still- I am encouraging them to the opposite: 

Right now presents some of the best buying opportunities in a decade in my current market.  I've been promoting a real estate investors approach to buying in this market.  While it is surely scary for some to think about laying down a sizable amount of money in a housing market that is being beat up on the new nightly-  it truly is a great time to put your money to work for the long term.

While Maine has not seen the huge rise in foreclosures that some parts of the country has there are still a fair share of opportunities out there for short sales, and pre foreclosures that make this truly a great time to pick up a property at a great price.  While you might not be able to flip the purchase in three months, you will be able to hold on to it and nurture it so that you can take a healthy return on your investment.

 

Cheers,

 

Paul.