National Association of Realtors (NAR) is constantly working hard to ensure that people can achieve home ownership and invest in real estate. Each year they work to fight off expensive and burdensome regulations that would make owning a home difficult for many. Come see the highlights of 2014.
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.