| Why Buy Real Estate in Houston Now |
|
With the historically low interst rates, their is no better time to buy a home than now. This graphic shows how much more buying power you would have compared to last year. These historically low rates not only mean you pay less interest but help you qualify for more. The overall monthly savings is $240.21. Multiply that by a year and that is over $2,400 you would save.
|
| Most real estate analysts agree that any market with over a 7 month inventory or homes is a buyers market. With Houston showing 8.6 months supply, we are very much a buyers market. The number of homes to choose from and the bargainng power is at an amazing advantage for buyers. |
| As with all markets, real estate in Houston goes through cycles. Looking at the graph there are clear points at which there is maximum risk and maximum opportunity. According to most economists, we sit at the point of the market where there is the most opportunity. Why wait until prices or interest rates go up, buy now. |
|
Many people ask what is the risk or return on investment with a real estate market that is going through a change. To best illustrate this, take a look at this 10 year study of return on investment for the Dow, S&P, NASDAQ, and Houston Real Estate. This ahows that when looking at the overall outcome, real estate in Houston made more gains that the stock market did the last 1o years.
|
|
Even The Wall Street Journal (one of the most critical publications regarding the housing industry) is now promoting home ownership as a good decision. This article highlights the top 10 reasons.
|
|
| |
Real Estate Web Design