RE/MAX EXcalibur 2012 Sales Rally Alex Charfen “Market Is Shifting”
Alex Charfen founder of Institute Of Certified Distressed Property Institute, CDPE, commented that Arizona has less than a month and half months inventory. There are investment opportunities everywhere with 12 percent cap rate. In Arizona, major lenders consider number of short sales are going through the roof and foreclosures have plummeted. Two lenders confirm the reason for the change is due to educated real estate agents. Real Estate agents are saving this market. The lenders recognized that they need educated real estate agents.
- Reserve Neighborhood Values
- Preserve Property Values
- Avoid Foreclosure
- Capitalize On Current Market Trends
- Overcome Seasonal Sales Slow Down
- Streamline transactions
- Build Wealth
Trends 13 percent of homebuyers own more than one home which is a 30 percent increase in one year have more than one homes.
With approximately 17 percent of homebuyers owning more than one home. People that have cash recognize the opportunity. 40 percent walk in and buy with cash. All properties closing with cash include persons 65 or older buying vacation homes.
Investors Purchasing more frequently with stats showing for 2007 the average homeowner moved every 6 years.
In 2011 it was every 9 years. The average investor buys every two years. Real Estate consistantly outperforms the stock market.
More than 33 percent of Americans depend upon real estate investors to provide homes. Real Estate appreciation from 1969 through 41 years real estate had 4 years of negative appreciation max. -.13%.
We had a bubble!!
Real Estate values have increased in the last decade despite the market turn-down.
What happens when you buy investment property?
Answer: You get an income stream.
Real Estate is an amazing investment.
Don Vallee is a Certified Investor Agent Specialist or CIAS with Alex Charfen’s Institute.
Contact Don at 520.544.5555 or email Don.
Alex Charfen "RE/MAX Excalibur 2012 Sales Rally"
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