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Real Estate Remains A Strong InvestmentW. Troy Swezey Opportunities to make big, quick profits in residential real estate tend to come and go in cycles. When a local market is hot, families may find it possible to buy a house at an attractive price, fix it up, and watch its value rise in just a few years. When the same local market is at the low end of the appreciation cycle, reaping a profit on the family home can take a good deal more time but the reward can be just as satisfying if price and location and carefully considered. Even in uncertain economic times like these, history shows that real estate is one of the soundest investments a family can make. During the Great Depression of the 1930s when the stock market plummeted as much as 89 percent, housing prices dropped only 39 percent. According to most of the research on housing trends, prices continually stay at the same level as, and most often appreciate faster than, the rate of inflation. Housing prices actually rose an average of 10 percent during the recessions of the mid-1970’s and early 1980s. CENTURY 21 statisticians report that the rate of home appreciation since 1990 has been around five percent nationally, with inflation hovering around four percent. Homeowners, obviously, are still staying ahead in the real estate game on average. And, with mortgage interest rates the lowest they’ve been in two decades, real estate today is a more attractive investment than it’s been in years. First-time buyers are the big winners in this environment. Drawing up a budget can help you and your family decide on what you can afford. Once you’ve determined a price and picked your desired community, shop around to find the best house you can buy for your money. This strategy can help you realize greater appreciation two or three years down the road. This is also a good time to purchase a second or vacation home. A bargain cabin in the woods today might bring an excellent return when housing prices move upward. Affordable second-home prices also allow you to purchase a vacation home that can serve as a stepping-stone to a larger retreat in the future. But appreciation isn’t the only advantage to buying a home. The federal government thinks home ownership is so important to the future of our country that it allows mortgage interest to remain the last substantial tax shelter for families. Owners can also take deductions on their property taxes. And, the profit on the sale of your home remains tax free as long s you buy a house for a greater or equal price. So before you decide that this is not a good time to invest in residential property, re-examine the financial benefits of owning your own home and put them to work for you.
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Find a Job in a Fast Growing Field Using Labor Market Information For Your State The question confronting most people who want to find a job is "whats a good paying job with growth potential" High-income Earners Consider Renting Chic Again Over the past two years, households that earned $50,000 or more annually and had the means to join the ranks of home owners or continue owning the roofs over their heads represented the fastest growing segment of the rental market, according to the National Multi-Housing Council. How To Simplify Your Real Estate Buying/Selling Experience Today’s real estate consumer has a lot to consider during the sale or purchase of a home.Be it waiting for the right buyer/seller, mortgage rates, or the moving truck, the experience can take a bit of patience on the part of the consumer.With this in mind, it is incumbent upon real estate brokers/agents/firms to institute services that will the buying/selling process hassle-free. 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Design saturates every aspect of our lives and the difference between success and failure could be the color purple, could be the person that you talk to every morning when you wake up, or could be the amount of light that streams into your office every day. Brain Snappers and Other Wall Street Nonsense Brokers do that to let you know that you don’t know anything about the market and you must allow them to make decisions for you. You don’t know the language. You are just too dumb. Another mushroom. How Do I Implement The Lease Purchase Plan Well, as we have discussed in previous newsletters first you have to set up goals for yourself, both long term and short term. Don’t forget these goals define how your business is run. They will determine what you do on a daily, weekly and monthly basis. The best way to do this is to picture yourself a year down the road. Close your eyes and get a mental picture of where you want to be, what you want to have, how you want to look, then open your eyes and write all that down on paper or speak into a voice recorder. Is Your Business Safe Well, is it! Do you back up your files on a regular basis Do you have a back up plan in place What’s important to your business and what isn’t What happens if you get hurt, who will run your business Do you have customers come to your business What ifthey get hurt, are you covered What about all the equipment you have, is it covered Product Review of Carelton Sheets No Money Down Course Real estate continues to be a very important part of any financial wealth building strategy.Most wealthy individuals have real estate investments as a portion of their overall net worth.Carleton Sheets has been in real estate since the 1970s and has taken his experience to build a complete real estate course. Juggling The Day With A Deal Doing deals with sellers is why you went into lease purchasing. Again, using organization and time management is very important here. Easing Your Way Into Homeownership: How Your Real Estate Agent Can Help You Qualify For A Low Down Payment Mortgage For many renters, the first step in buying a home is becoming educated about the process.If you’re like many people considering a home purchase, you’ve spent nights and weekends poring over your local real estate section.You’ve talked to friends and relatives about their experiences.Maybe you’ve even purchased a book or tow to help you become more familiar with real estate terminology and the various types of mortgages commonly used today. Getting One Way SEO Links - The Easy and FREE Way What we are hunting for Finding Your Niche Have you found your niche Making Freelance Writing Niche Types Fit Our Freelance Writing Needs Defined |
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