Why is real estate the perfect investment? Why is now the perfect time to capitalize? Speculative buying and property flipping offer much needed stability and a proven history of growth. Today’s economic situation offers a unique opportunity to take advantage of both.
Stock market woes and mutual fund nosedives are commonplace. Many are feeling the pain of recent recession related losses. The current run on precious metals is an indication that investors are searching out safe havens. Consider the safe haven you are probably sitting in right now: your home. Consider its current value. Consider it’s value just ten years ago, even twenty. Ask your parents what they paid for their home and compare that to what it would sell for today. It becomes obvious that while the value of stocks and mutual funds are inherently unstable, the rise in the value of real estate is here to stay. Year over year decreases in real estate prices are rare and short lived. Both short and long term increases abound. For those with a little start up money and a keen eye for value, real estate is the perfect investment.
The rebounding economy is setting the state for those wishing to get into the real estate market today. The current plateau or even dip in real estate prices has resulted in a buyer’s market. Now is the perfect time to buy. Low interest rates are already stimulating real estate purchases across the country. Rising rates pressure buyers to purchase sooner rather than later, creating a secondary surge in sales. The buyer’s market will be a seller’s market in the near future.
It is the perfect time for new construction or for the renovation and restoration of real estate for resale. The struggles of the manufacturing sector have lowered the price of construction materials. The high unemployment rate cause by the recession is providing an army of ready and willing skilled tradesmen. The last real estate boom resulted in a surplus of real estate agents who are all now scrambling to find both buyers and sellers, often offering reduced commissions and incentives.
A perfect storm of low, but soon to increase, interest rates, low construction material costs, and high availability of skilled tradesmen and real estate agents has formed. Combine this with the proven stability and growth of the real estate market and you will see that now is the perfect time to invest in the perfect investment.