The last year has seen some very favorable growth in the Real Estate market and this is a trend that is likely to grow till 2015. With the market ripe to invest in, Jeff Adams, the #1 real estate trainer, gives you all the reasons why 2015 is going to be one of the best years for you to invest!
There is little that can deter the growth of recovery the economy is witnessing and this is a reason to celebrate for all those willing to get into the game of property buying and selling.
1) Development of the Suburbs
There has now been a shift away from the large bustling cities and people have started buying houses in the suburbs. This is because it allows for more space for a fraction of what it would cost to own a home in the so-called cosmopolitan cities. More importantly, most of the government funding and private companies are focusing on developing the tier 2 cities, making it a favorable go-to destination for anyone who wants to buy a house.
The job markets in these cities are significantly better and so are their economies.
2) The Rise in Sale Value
There has been an increase in the mortgage rate, and the prices are going to go up in the next few months. This means that the final sale value of the house will be significantly higher than it was a year ago. So if you have a property you have been sitting on for a while, there is no time like now to flip it and sell it!
3) Homeowners won’t be in Extra Debt
It is estimated that over 65 percent of homeowners are in debt and with the increase in mortgages and interest rates, it is anticipated that this number will drop significantly. The good news for all existing homeowners is that with the rise in home prices, there is a significantly high demand for rentals.
4) There will be a Decrease in the Number of Foreclosures
Over the last year the number of foreclosures has come down by 33 per cent and it is likely to come down even more by 2015. This means two things – the first that the homeowners are getting more financially stable and are able to make consistent payments; and the second that the lenders are being a little more magnanimous and helping defaulting homeowners get back on their feet.
With a lot of new housing projects on the cards, to keep up with the rising real estate demand, the year of 2015 promises to be one of the best years for investment in the realm of real estate. Sign up for a special online training with Jeff Adams and have all of your doubts answered in one go, or buy his complete set of books.
Whether you are buying, selling or renting, enlist his help and that of his team for some of the best real estate deals. Having been in this business for decades, Jeff Adams, will be able to provide valuable insights to your investment.
