The holidays are ending, the snow is gone until the next storm, we finally have some relief for awhile. Whether or not we now begin to experience the same kind of relief with the national housing market is yet to be seen. The one thing that I can tell you, though, is that whether you are an investor in the stock market or the housing market, there are investment opportunities available right now that only come around once in a generation. Many fortunes are made in markets just like the one we are experiencing right now. Our choice is to quietly watch or to participate.
I see fantastic deals out in the Boise Idaho real estate market every day. People could make so much money buying up homes at bargain basement prices right now that will certainly bring a huge return in the next few years. Warren Buffet and Donald Trump are buying up real estate like crazy in these challenging times. If you, or anyone you know, has cash sitting around drawing 1% - 5% interest in a savings account, CD, or money market account, you would be wise to pull it out and invest it in real estate.
One of my buyer's agents, Donna, just wrote up a deal for a client in Eagle for around $200,000 on a home that sold just a couple of years ago in the $300,000's. I see deals like this just about every day.
I keep a "Best Buys in Boise Real Estate" list that I am happy to share with anyone interested, at no charge. If you are interested in snagging one of these great deals, just write me at Tim@TimBurroughsGroup.com and ask for my Best Buys in Boise Real Estate List. I'd be happy to shoot one over to you.
Have a Happy, Healthy, and Prosperous New Year! I know I am going to.
Tim Burroughs, Realtor, CyberStar, e-PRO, CRS, ABR