In Today's market, thinking about adding real estate to your investment portfolio has never been more important. The median sales price in the Twin Cities Metro area is down more than 20% from it's high and home inventories are abundant to say the least. BUT REAL ESTATE INVESTMENTS ARE NOT FOR EVERYBODY. So how do you decide if buying an investment property is the correct move?
Consider the following facts:
- The Dow Jones is down roughly 30% from January 2000 and almost 50%
from its high
- The S&P is down 46% since January 2000
- The Average Sales Price of a home in the Twin Cities Metro Area is
up 30% since 2000
Yes...home values in the Metro are still significantly higher than they were in the Year 2000. While many folks have watched the recent decline in prices, few other investment vehicles have offered returns such as real estate since the year 2000. And with these recent lows, many believe that now is the time to add these great values to your investment portfolio.
Now, that does not mean run out and buy everything and anything you see. You must work with a Real Estate professional that understands how to identify good values and navigate the foreclosure and short sale market.
Call or email me today to set up a FREE CONSULTATION. I will sit down with you for 30 minutes to discuss my investment strategy as well as your long term goals. From there we can decide whether investing in Real Estate is right for you.
