IS NOW REALLY THE BEST TIME TO BUY OR SELL?

IS NOW REALLY THE BEST TIME TO BUY OR SELL? Questions many would be buyers and sellers are struggling with.

Unlike our northern and International counterparts fall and winter are excellent times of the year to buy or sell a home in Florida. Typically over 2 Million visitors come to Florida during the holiday season, and many are looking at Real Estate while visiting here. Property values are indeed attractive especially for second homes or vacation home buyers.

PROPERTY IS AN EXCELLENT HEDGE AGAINST INFLATION

Property investment is an excellent hedge against inflation. The value of the dollar fluctuated not only in the global economy but in the domestic economy as well. Over time, investing in Real Estate is a hedge against inflation. Simply put, it will take more of today's dollar to buy the same property in the future.

It has been said that inflation doubles every ten years. Homes purchased ten years have maintained equity over those that were purchased 5 years ago. Which is why those people who held onto their properties purchased prior to the boom in the Real Estate market may still have equity left.

Looking at the Real Estate Market of St. Cloud Florida, there are homes currently available for sale for under $40,000. That is about the price of a luxury car.

If you purchased a luxury car the rate of depreciation would cost you more than 50% over a 5 year period.

Compared to purchasing a winter home, or rental property which is likely to gain a 50% appreciation during that same time period.

HOMES IN ST.CLOUD FLORIDA ARE VERY AFFORDABLE!

PLANNING AHEAD TO RETIRE

BUYING A HOME NOW IN THE DEPRESSED MARKET WILL YIELD A BETTER RATE OF RETURN THAN MOST STOCKS AND BONDS. If I told you that there was a stock paying a 20% rate of return, you would be all over it right? Well in Real Estate if you are looking for a 20% rate of return on your investment, you should be all over the smaller rental homes available in St. Cloud Florida.

CONVERSELY SELLING A HOME NOW MEANS YOUR TAX BENEFIT IS PORTABLE

If you are a seller wondering if now is the right time to sell- the answer may surprise you.

Contact me for a free evaluation and I will be happy to review your options.