Real Estate News

November 19th, 2011 11:47 AM

Many people have not considered themselves as capable to be a Real Estate Investor.

But if you are like me, you don't necessarily want to "manage" the property, yet those monthly checks are nice to see.  Call or email me to see how easy it is to make greater ROI and Cash on Cash investment over and above what you are currently receiving.

Listed below are a few people who think the time is right to invest in real estate.

“Rents rose at a better than 3 percent annualized rate in the third quarter of 2011, according to government data.”

—Lawrence Yun, NAR Chief Economist

“If annual rent gains remain near 3.5 percent, rents will double in 20 years...”

—Lawrence Yun, NAR Chief Economist

“In addition to strong returns on rental property, investors can anticipate solid home appreciation over the long haul ... the metrics on home prices in relation to consumer prices imply a 14% undervaluation. The metrics on home prices in relation to rental rates imply a 20% undervaluation.”

—Lawrence Yun, NAR Chief Economist

“U.S. home prices fell in nearly three-quarters of metropolitan areas in the third quarter and the national median price dropped 4.7%...”

—Alan Zibel, The Wall Street Journal

“Homes haven’t been this affordable since 1991.”

—Kiplinger.com

“More ordinary people are getting involved in real estate investing.”

—Carolyn Said, The San Francisco Chronicle

“Some investors are eying college towns as good places to buy rental properties. Housing demand is usually high in such places, vacancy rates are low, and rental prices are on the rise, according to Move.Inc. …”

—MarketWatch

Sources:

http://www.realtor.org/research/reinsights/economistcommentary

http://online.wsj.com/article/SB10001424052970203537304577028204017432034.html

http://www.kiplinger.com/magazine/archives/six-reasons-to-buy-a-home-now.html

http://seattletimes.nwsource.com/html/realestate/2016682817_realinvest06.html



 


Posted by Dave Moeller (Broker/Owner) on November 19th, 2011 11:47 AMPost a Comment (0)

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