Arizona Real Estate-Scottsdale and more

Thursday, October 05, 2006

Don't end up in the land of missed opportunities

IT’S A BUYER’S MARKET!
Don’t end up in the land of missed opportunities…..


The press has given considerable coverage to the reluctance of consumers to spend money during what is perceived to be challenging economic times, especially in the housing industry.

You can’t believe everything you read. The experts are sometimes wrong. The opportunity may pass you by if you continue with the “wait and see” attitude.

For Example:

Time Magazine reported, “The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline.” THEY WROTE THAT IN 1947.

Business Week said, “The goal of owning a home seems to be getting beyond the reach of more and more Americans.” When they WROTE IN 1969, THE AVERAGE PRICE OF A HOUSE WAS $28,000.

The Miami Herald wrote, “If you are looking to buy, be careful. Rising home values are not a sure thing anymore.” That sage advice came in 1985.

Money Magazine said, “Most economists agree….a home will become little more than a roof and a tax deduction, certainly not the lucrative investment it was.” That was their best advice in 1986.

Now, like Paul Harvey would say, “here’s the rest of the story”………

Real estate is and will be one of the safest and best investments most people have. Open your eyes to the truly wealthy of our world and you will see the proof.

Phoenix is still an ideal destination. We are blessed with pleasant weather and a lack of natural disaster. Compared to other areas in the country, our economy and future prospects are bright. Companies will continue to relocate here. Look at our job market, number 3 in the country.

It won’t be long again until it is bitter cold again in Buffalo, Chicago, Minneapolis, New York, Calgary, and hundreds of other cities in North America and abroad. They all watch tv, read our newspapers, and yearn for our sunny, clear weather and our reputation of friendliness and western hospitality.

The housing market has not crashed, the sky is not falling. Real Estate is a sound investment. There may be no better time than now to buy. Interest rates are relatively low. There are lots to choose from, good pricing, and great incentives abound.

It may be time to get off the sidelines, release your “wait and see” attitude, and get back in the game. Because one thing is for sure….. hindsight is 20/20 in the land of missed opportunities.

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