When we look back a couple of years we now know that we were in the prime of selling foreclosures in Clarksville and home buyers and investors were picking up some fabulous deals. Last summer’s sales slowed down and made the reality of multiple offers on these good deals the norm. Is there still hope for a good deal?
Earlier this summer, CNBC’s Real Estate program, Power House, announced a “severe inventory shortage” in Boston. Charlesgate Realty Group’s P. T. Vineburgh said “overall the market is hyper-competitive, highlighted by a severe shortage of inventory.” He added that "low rates, international investment capital, strong core businesses as well as complex zoning is inhibiting any notable amount of new supply-driven market performance.
Almost anyone could be a real estate investor. You can’t really pick them out of a crowd. Individuals don’t often consider themselves real estate investors even if their home is their main financial investment.
If you have been thinking about entering the real estate market as an investor but haven’t done it, these obstacles will sound familiar: “I don’t know enough. It will take too much time. I don’t have enough money.
This year we are seeing nationwide indicators that real estate markets are improving, although some areas are faster than others. When the market collapsed in 2008, the damage affected individual home owners, real estate and mortgage brokers and of course, investors. For awhile it looked like the last thing anything wanted to do was invest in real estate.