Friday, March 14, 2008

Falling home prices spell opportunity for buyers

Daily Real Estate News March 13, 2008

Tap Today's Housing Opportunity

Falling home prices spell opportunity for buyers, even if they already own a home and don’t want to be a landlord.Here are three smart ways to invest in today’s housing market.Trade up. Now’s the time to buy a larger home in a better neighborhood at what will almost certainly be a good price. To be sure, buyers will have to sell their old home at a modest price. Still this could be an excellent time to improve quality of life at a bargain rate.Buy a vacation home. Buyers, especially those who are a few years away from retirement, could find this is the perfect time to buy a place that will be more than a vacation home down the road. Help offspring go from renters to owners. This is a great time to give the kids an advance on their eventual inheritance so they will have enough money for a down payment. Source: The Wall Street Journal, Jonathan Clements (03/12/2008)

www.InvestSmarter.com
www.RandBCoastalRealEstate.com
www.Destin-Florida-MLS.com
www.Destin-Florida-Condiminiums.info

No comments: