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Opportunity - LOTS of opportunity AND mortgage rates are at all time lows -
At the time of this writing, rates are in the 3s !! Rates in the 3s, combined with an abundance of discount priced housing really does present an amazing opportunity. Are you taking advantage of this market, or sitting on the sidelines, contemplating if this is the right time ? Here's a fact: Real estate markets are, and always have been, cyclical. They rise and fall - with no set time when they'll move on to the next cycle. Here's Another Fact: Real estate has produced more wealth than any other investment - Investors know there's no guarantee relating to when values will rise or fall - then again, there's few guarantees in life. The list of names/companies is a loooooooong one, who have found success in real estate. Smart $$ knows that any success is built on risk - and knowing when/how to leverage that risk is the difference between success and failure. In your lifetime, has there ever been the abundance of balance between discount real estate and historically low mortgage rates that currently exist ? Do you think it will stay like this forever - that this is the "new" normal ? NOT likely. Those investors who get in, now, will be those investors who enjoy the value increases that are sure to come - history repeating. Here's One More Fact: When everyone starts getting in, that's when it's time to cash out and move on to your next opportunity. Get in, now, before you're caught up in the wave as opposed to riding the wave in, Kahunas !!
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