Don’t be Afraid to Invest in Real Estate! Many would-be buyers are spooked by a possible home price decline. One of the principal reasons in holding back home sales is the lack of buyer confidence to enter the market. As with any investment, look longer term.
This morning I was reading The Long View by Lawrence Yun, Vice President, NAR Research . His article emphasises "Opportunities to Seize” He wrote "It’s also important to point out that tim
es of crisis often turn out to have been times of opportunity in hindsight. With over four million net new job additions in the past two years– the time frame during which home sales have steadily fallen – a significant pent-up demand has developed. Home sales and home prices will be higher in 2008 compared to 2007. And, as with any investment, look longer term. Those investing in a home and keeping it for a typical holding period of six to ten years will likely see their investment pay off; those homes will have been a good investment.”
Contact your REALTOR® and buy now. It doesn't have to be a spookey thing.
Maine REALTOR® gramepat Technorati Tag Real Estate
This morning I was reading The Long View by Lawrence Yun, Vice President, NAR Research . His article emphasises "Opportunities to Seize” He wrote "It’s also important to point out that tim
es of crisis often turn out to have been times of opportunity in hindsight. With over four million net new job additions in the past two years– the time frame during which home sales have steadily fallen – a significant pent-up demand has developed. Home sales and home prices will be higher in 2008 compared to 2007. And, as with any investment, look longer term. Those investing in a home and keeping it for a typical holding period of six to ten years will likely see their investment pay off; those homes will have been a good investment.”Contact your REALTOR® and buy now. It doesn't have to be a spookey thing.
Maine REALTOR® gramepat Technorati Tag Real Estate
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