What happens when the Real Estate bubble bursts ? People generally don't like to talk or think about the value of their home.
Buyers and Sellers both have distress. Sellers... no offers, Buyers ... tough lending process. Have you thought about... a stigma created in Real Estate assets could lead to opportunity ? Some realize this is the core of smart investments. The time to act in Real Estate is now. In my opinion long term interest rates are not going to get much lower. http://mortgageeguide.com/
The biggest concern comes to jobs. If the economy is not creating jobs, the housing market will have a tough time rebounding. No doubt it is difficult to buy a home without a job. People who are unemployed are not taking a long term risk. Right now opportunity strikes if you want to take a hit! Is recovery coming soon ? Time will tell. But do consider the possibilities of todays housing market situation.
In my opinion low mortgage rates, unknown market recovery create an opportunity for long term investments. Staten Island's "North Shore" has an ample selection of homes. Check out www.holly1.listingbook.com . And the best part is there are Sellers looking to negotiate! Ultimately yielding happy Sellers and happy Buyers. Opportunity strikes are you in ?
Please click on the link and "like" my SINY's North Shore Expert page! http://facebook.com/northshoreholly . Also join me on Twitter http://www.twitter.com/HollyOlivieri
There are two kinds of Real Estate professionals... those who understand the emotional and financial complexity of Selling or Buying a home... and those who don't. Have an extraordinary day!
Posted via email from Holly Wiesner Olivieri , The Staten Island Real Estate Resource
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