I came across an interesting article (as I was busy looking up information online for one of my clients) and it really spoke to me as a realtor and I hope it speaks to you as a buyer/investor.
It absolutely confirmed to me what I have been presently seeing and reading for the last 2 years: Real Estate is making a big comeback and it’s still a fantastic time to buy while prices and mortgage rates are still at an all time low!
I want my customers to know that there are “still a lot of great bargains to be had” (Frankel, 2014) and that as we enter into this 2014 year, they can still take advantage of the low interest rates that have been lurking in the air for some time now.
“Although rates are around 1% higher than they were last year, they are still relatively low on a historic basis” (Frankel, 2014).
I truly believe this year will have a magnificent impact on the economy and will provide a lot of buyers, first time buyers AND investors the opportunity to get so much for their money and see great returns in their future.
What is your opinion on this? Please post your responses!
Frankel, Matthew. "Heres Why Real Estate Will Have An Excellent Spring." Fool.com. 26 Feb. 2014.