INVESTORS are a two edge sword; they slice both ways. We love them and we dislike them. This is why: As a real estate professional, they are a dream come true, but as a property owner they can bring down the values in our communities. Why? Very simple, they are speculators, they buy for less and sale for more. When buying for less, so does the values in the community where the home was purchased. However if they are able to sell higher very quickly (usually cash) it can help stabilize the pricing.
It is amazing how much revenue is being generated through the current housing debacle, there are investors who purchase and flip, purchase and rent, and purchase and hold. There are buyers who take advantage of the lower home pricing, lower interest rates, and there are Seller's who were smart enough to have held onto their equity, and are now selling for a pretty good profit. Real estate investors are good in the whole scheme of things, they help move the market along - and we all know how much we need to move it along. Now is the time to invest in real estate either as a real estate investor, or as a buyer for your personal use because rates are still low, and pricing is good as well.
If you are an investor or if you have been thinking of becoming an investor, give me a call, I have a list of homes available for you to consider.
Cynthia Smitherman, ABR, GRI, DB, VP-AAREB