Many of you out there may be questioning whether or not you should buy real estate. You may be wondering is it really a good time to buy or should I wait? The thought has probably crossed your mind that, us, real estate agents would push buying a house on you regardless of the current market situation.
So with that said, we figure it’s probably time for you to hear some outside information from people other than real estate agents.
According to an article written by Jim Woods, in The Wall Street Journal Digital Network, “If you’re a long-term investor looking to put money to work, now is not really the best time to get into any of these three asset classes. However, with home sales starting to improve, and with prices now possibly forming a bottom, real estate could well be the asset class that represents the best low-risk buying opportunity out there today.”
If his statement still has not caught your attention then read what he goes on to say later, “Yes, mortgage rates still are near historical lows, but if we see these rates rise, then the cost of a new home could climb significantly. So, now could really be the best time to pull the trigger on that home purchase — and it could also be your best investment right now.”
From Fortune Magazine, Shawn Tully, who is the senior editor said, “Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing.”
To see more of this article visit, Real Estate It’s Time to Buy Again.
Basically what all this comes down to is, we have your best interest in mind – now is the time to buy!