You do not have to be a weather person to predict the weather this time of year. We all know… it is the hottest time of the year. But that is not all that’s hot. The economy is red hot too. By all measures the best economy in 20 years or so.
This is GOOD for most reading this, but there will be some exceptions. There always are. An example could be someone will sell a house and make out great, meaning a buyer pays a bit more than they would have not too long ago. And in some areas, the opposite happens. Seller does not make out that great, but the buyer does.
Most homeowners who do NOT have to sell of course know this and will hold back on buying or selling. That will of course impact supply and demand. Results right now? RED HOT opportunities!
How does this impact you? Well, it is a HOT time to invest in real estate. Single family, multi-family, even farmland. If you did not get the memo, here is a special clause from our Buyer and Seller Agreements of our VIP Client Program enabling past clients of ours to create additional wealth thru real estate.
VIP CLIENT PROGRAM: Seller _ does OR _ does not wish to participate in Broker’s VIP Client Real Estate Investor Program (REIP), whereby Seller will receive notices of free real estate investor trainings and notices of real estate investment opportunities by mail, email or phone at times when investment opportunities arise. Seller may opt out of The REIP at any time. Seller is never obligated to invest in real estate.
So, if you or anyone you know like the idea of making money in real estate using other people’s money, please contact us right away… while these HOT investment opportunities are available.
Making gains in assets and wealth are nice! I especially like it because it allows me the opportunity to GIVE more. How about you?
As you probably know, we donate a portion of our income to some AMAZING worthy causes! Like Rotary Foundation, one of the area’s leading non-profits.
It’s hot: Want To Buy A Home? Now May Be the Time
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw during the pandemic.
Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains why the shifting market creates a window of opportunity for you:
“This is an opportunity for people with a secure job to jump into the market, when other people are a little hesitant because of a possible recession. . . They’ll have fewer buyers to compete with.”
Two Reasons There Are More Homes for Sale
The first reason the market is seeing more homes available for sale is the number of sales happening
each month has decreased. This slowdown has been caused by rising mortgage rates and rising home prices, leading many to postpone or put off buying. The graph below uses data from realtor.com to show how active real estate listings have risen over the past four months as a result.
The second reason the market is seeing more homes available for sale is because the number of people selling their homes is also rising. The graph below outlines new monthly listings coming onto the market compared to last year. As the graph shows, for the past three months, more people have put their homes on the market than the previous year.
The number of homes for sale across the country is growing, and that means more options for those thinking about buying a home. This is the opportunity many have been waiting for who were outbid or out priced last year.
Why I Give to the Rotary Foundation?
All Rotarians have an Aha! moment. Mine was when Don Thomas, a fellow Rotarian and Past
President of “Gift of Life Florida” was a guest speaker at my Rotary Club (The Rotary Club of Cape
Coral-Sunset). Don shared the story of how Gift of Life International started and why he was so
passionate about it. Gift of Life International is a Rotarian based organization that started in 1975 in
Long Island, NY and the first patient was Grace Agwaru from Uganda. Several years ago, I had the
privilege to meet Grace and hear her story first hand and how the surgery really gave her life. To
date, Gift of Life international along with their Global Partners are addressing the number #1 birth
defect in children which is Congenital Heart Disease and they have helped over 40,000 children in
80 countries have a second chance at life. Thanks to all of our great customers, we were able to
donate over $10,000 to a Global Grant which will be used in the Philippines to help children that
were born with Congenital Heart Disease.