Posts in Real Estate Investing
Real Estate Investing in Smithtown NY
The real estate market is in fact cyclical. There are highs and there are lows. Then there are highs and there are lows all over again. The pattern is predictable. And just as much as we feel the pain of the low and could have forewarned of it from past historical trends, we can look with optimism towards the future.
By now surely you realize the market is down, inventory is plenty and sellers feel the pain. We are on the low point in the graph. But take a moment and look ahead to the future by taking a look at the past trends. After the low point on the graph, the market begins to climb, buyers enter the game in masses, home prices rise dramatically and inventory declines quickly. Once again the pattern is predictable.
So, that being said, what does this mean to you as a possible real estate investor? It means that if you want to buy a second home as an investment then your optimum time is NOW! We have established already that we are on the low point on the graph, inventory is plenty and we know the market will cycle back. So at a time when your other investments are at best shaky why not consider a long range strategy of investing in real estate? Owning just one or two rental properties can dramatically change your long range financial picture. Why not let someone else (in the form of a tenant) contribute to your wealth?
My conclusion is this... at the current time in the Real Estate market, the opportunity to make strong, lucrative investments is booming! Mortgage rates & home prices are low, making this the perfect time to cross over into real estate investing. Here, at EXIT Realty Achieve we offer a free four hour investment course that provides prospective investors with information on market trends, positive investment strategies and how to gain the most wealth from an affordable property.