Most of the country, as we have been told, has slowed down its sales on homes and homesites. But the good news is that I saw Donald Trump on television the other day and he said that if you ever wanted to invest in Real Estate, this is the best time to do it. The best time in over 30 years.
Well, in a gorgeous community called Reflection Pointe on Lake Wylie- in Belmont North Carolina - people are taking advantage of the buyers market. Waterfront dockable homesites are selling for a fraction of what they would have two years ago. Today, one went under contract for approximately 1/4 less than the original asking price.
Homesites now begin in the $80,000's up to the $500,000's. This is an incredible value. The amenities that Reflection Pointe has to offer are:
I am not sure how long this buyers market will last but I keep hearing all of my friends say that if they had any extra money, they would love to purchase a waterfront homesite at these bargain prices. I agree!
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Tracy: Lots of great real estate out there for the right buyers.
Tracy- I would agree with the Donald- a great time to buy! If I were facing college tuition payments for the next several years, I would certainly consider buying right now!