So, What's Good About the Real Estate Market?

To be honest, plenty!

• Interest Rates are extremely low
• Home values have leveled off, which means savings for first time home buyers
• Home values have leveled off, which means savings for move-up home buyers (take a 1-5 percent hit on selling your $200,000 home and gaina 1-10 percent GAIN on a $400,000)
• Investment opportunities are huge - buy up those foreclosures from the banks, fix them up and either rent or re-sell them at a profit.  Banks DO NOT want to hold on to real estate
• Buy CASH - banks and home owners love it and you can get a discount
• The market is very localized - do your homework prior to purchasing, especially investment properties so you are sure you can sell at a profit