Looking to Rent?

The Rogers Healy Blog

Posted February 11, 2010 by

If You Lived Here, You Could Be Home By Now

The Dallas Morning News reporter Steve Brown reported in this morning's paper that Dallas home prices are on the rise.  While this certainly says good things about the economy and so forth, here's the real take-away for you:  Your window of opportunity is closing.  Real acumen has been seen in man's ability to take action in the moment when luck meets opportunity.  Just as Joseph F. Kennedy saw the signs of upcoming economic instability and pulled his funds out of the stock market only days before the legendary crash of 1929, this is a moment when your intuition should be whispering to you: "This is your last chance." 

In the last 18 months, we've experienced record-setting home values and real estate deals spawned by the upheaval in the market which caused home surplus and lowered interest-rates.  The trifecta: an abundance of homes being offered at incredible deals, historically low interest rates, and an $8000 tax rebate for first-time homebuyers makes this arguably the best time to invest in the real estate market in our lifetime, won't last forever.  In fact, it's already on it's way out.  While the intangibles on the market ebb and flow to a degree that, despite it's dramatic shifts, has become cliche to Americans after such a year of economic instability, investing in the land has re-routed us back to the Amercian dream and given us the assurance that can be found in owning something unmoveable.  And while the government is agreeing with you on the importance of real estate investment, you'll want to be sure and get a piece of the stimulus pie while it lasts.  In a few years, we'll be looking back on this time and either rejoicing that we had invested when we had the opportunity, or regretting that we didn't.  I'm hoping that you don't find yourself wishing you had taking advantage of this time when you had the chance.

 

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