Santa Clarita Real estate investment is, and always has been, an individual philosophy. Over time there are many people who have made fortunes on investing in real estate, likewise there are many who have lost fortunes. Just as in the stock market, timing is everything when it comes to investing in real estate. The ultimate timing is, of course, buying at a low and selling at a high. The beauty about investing in real estate at the moment is that most markets are at, or near, their lows.
There is no magic crystal ball for investing, if there was we would all be so lucky and no one would ever fail. However, looking at today’s real estate market seems like a no-brainer when it comes down to it. Mortgage rates are hovering above historic lows, inventories are still high, and properties are at ideal affordability levels.
Owning investment property at the moment is wise. While there may be competition in the rental market, more people than ever are renting as opposed to buying. The ability for an investment to pay for itself is one of the beauties of investing money in real estate. For those who have the money, credit and drive to invest now just might be the ideal time to do so.
Click here to read a recent article from Realty Times on why now is a great time to invest in vacation real estate.
If you have been on the fence with regard to making any Real Estate related decisions – never look at that as a problem. Every time we go out and buy a pair of shoes – it is not a fast decision. Neither should your buying a home or investing in real estate be “quick”.
We have our clients get involved in the Real Estate process. No, we are not here to teach our clients real estate – but we are here to add value to their home buying and or selling decisions. Being subject matter experts is key to any successful real estate dealing or transaction. If you are working with a qualified Realtor – do yourselves a favor and stay loyal. If you have not found a Real Estate agent that can best serve your needs – give us a call.