Our New Blog

These days many investors are scratching their heads wondering what exactly is the best investment.  The chart above shows that overall Real Estate is still one of the best investment options.  It was never meant to be a short term investment, like in the craziness of 2004-2005 where investors were literally flipping a home before they left the table for the first closing.  Lots of us are wishing that was just a bad nightmare, just like the stock market crash in 2000, but it isn't and we are still picking up the pieces.  Price wise, nationally, we are back to the pre-bubble prices of 2003.  The interest rates back then, nationally, were about 5.84 percent.  Today the rates are hovering around 4 percent.  So even though the price remains the same, people can purchase the same house at the same price and save $222.00 per month or more than $2600 per year.  That's a big savings over a 30 year period.

Rates are bound to start going up again, we just don't know exactly when.  Here's what will happen when they do,

As you can see a 1-2 percent rate increase can mean a few hundred dollars extra in the monthly payment and again multiply that out over 30 years and you have a much more expensive home.

If you are an investor looking to purchase a rental property.  Rentals are at a all time high demand due to the increasing number of people forced out of their homes because of foreclosure, lack of financing for less than perfect credit scores and countless other reasons.  Put your money where you can actually drive by and see it working for you.  In most cases you should be able to net a return of about 10% and eventually start to gain some appreciation value as well.  We have agents that are savvy with this market and will point you in the right direction.  We also have a rental program to put those properties to work. 

Give us a call or come by to discuss the many options available to you as a buyer right now!

Janet Thomas, Broker

Venice Hometown Realty, 212 Palermo Place, Venice FL 34285, 941-306-3059

A Florida Licensed Brokerage