Let's Talk Real Estate

As we see signs of a housing market recovery and the glimpse that things seem ready to return to normal, major markets across the U.S. are about to be impacted by a new housing crisis… a shortage of housing. According to the National Association of Realtors, a comparison of the second quarter of 2011 to the second quarter of 2012 indicates: Existing home sales are up 8.6% Existing inventory for sale is down 24.4% Median home prices are up 7.3% Individually, each of these statistics indicates a major market transition. Collectively, they show unprecedented one-year movement in the housing market. According to the U.S. Census, the recent history of housing construction has been relatively consistent (between one and two million homes produced since 1968): Between 1968 and 2008 at least one million homes were constructed each year The year with the greatest output was 1973 at 2,100,500 homes The year with the lowest output was 1982 at 1,005,500 homes The average output

Most investments pay interest only on the amount you invest. However, Real Estate appreciates on the full value of the property even though you have invested only the amount of your down payment! Historically, Real Estate has shown a consistent growth in value, even when many other investment choices were less stable. Real Estate Makes Sense! Profit from Rental Income - let your tenants pay your mortgage! Increase Your Equity with Improvements - any improvements you choose to make increases the value of your investment Deductible/Depreciable/Deferrable - no investment reduces your taxable income better than real estate! Stable - minimal volatility & minimal risk Build Your Net Worth - as your mortgage is paid down, your equity in the property increases and adds to your net worth Live in Your Investment - one of the few investments that can put a roof over your head if you desire How much has your financial situation improved in the past five years? How much will it improve in the n