Real Estate Is Still a Good Investment

Don’t wait to buy real estate. Buy real estate and wait. – Mark Twain

Whether you are purchasing a home for yourself or you’re considering purchasing investment property, real estate is still a good investment. Why can we confidently say that? We continue to have lower interest rates, and though home prices have begun to climb, they remain low and affordable.

Personal Residence

The beauty of purchasing a home is that in time, your home will be paid off and you will enjoy living in a mortgage free home. Need another reason to buy now? First, prices are at lows, true, but they will continue to rise. Also, remember that any values realized after purchase add up to equity for you. In addition, you will begin building equity for yourself and not your landlord.

Gallup polls show that Americans still consider homeownership as the safest long-term investment. Further, Fannie Mae polled Americans asking them to rate safe and risky investments with “a lot of” and with “very little” potential. Purchasing a home was at the top of the list of those chosen which included: buying a home, buying stocks, buying government or corporate bonds, investing in mutual funds, savings accounts, and retirement plans.

In fact, the Chicago Tribune has stated, “Despite signs of a seller’s market, it’s still a great time to buy real estate.” They cite that historically low interest rates and home values continue to be at 30 to 60 percent savings.

Rentals

Across the county, rental properties are bringing passive income to investors. Monthly rents continue to climb, making cash flow investment an attractive source to investors.

Is real estate still a good investment? Without a doubt, it is! If you have been toying with the idea of purchasing a home, contact us. We have helped many happy homeowners purchase their home.