Golden Opportunity?

January 2008

Is this your golden opportunity? Anyone that has ever invested in the stock market knows the value of buying low and selling high. Some investors try to “time” the market in order to maximize their “low” buys and “high” sales. Is this your chance to look at real estate from an investor’s eyes?

Interest rates are once again approaching historical lows for buyers with good credit and 10% down payment. In fact, strong borrowers are being rewarded in this new mortgage market with preferred rates as low as 5.5%. The demand for rental units is unusually high as transferees from other parts of the country are unable to sell their homes, resulting in a rental option in our region.

Have you ever considered real estate as an investment? There are some incredible opportunities in this market. Builder closeouts are very appealing as the builders want to move inventory. Relocating sellers don’t want to own two properties might entertain your offer as an investor. With the interest rates incredibly low, this might be your chance to “buy low and sell high” once the national market improves and our local market once again catches fire.

Don’t get me wrong – our local market remains the envy of the nation. Our seller’s market of 2005 has softened and has become very normal. Our supply of homes in inventory is in line with demand in most markets and most price points. Indeed our market is strong, particularly as compared with the national market.

If you are interested in purchasing an investment property, the home of your dreams or simply your first home ever, don’t miss this chance to take advantage of the current rates. You might be sorry in the near future if you don’t!

                                               Call The Lee Ann Miller Team today!

                                                                   
                                                                   704-896-5141 Office
                                                                    Allen Tate Company
                                                                 www.LeeAnnMiller.com