Cheryl Husted’s Real Estate in Walla Walla Blog


Follow The Leader Walla Walla????

It’s interesting how we follow each other through long lines like sheep.  We chase what the media tells us is “hot”, we buy things when everyone else is.  We “Follow the Leader” very well as we learned in preschool.  As adults we have learned the rules of society well…but there are those that don’t.  Who are they.  They are people like Donald Trump, Knight Kimplinger, Oprah…just from the top of my head.  They step out.  Whatever do I mean?  Housing of course, I’m a realtor.  I find it interesting that the frenzied media, like bottom feeding fish, can take hold of a topic and chew it to it’s bitter death!!!!  Interest rates are now at an ALL TIME LOW!  Many homes are in short sale, foreclosure or bankruptcy and like good sheep we wait.  Baaaaaaaaaaa.  We talk to our neighbors about it, we hear it in grocery lines, we hear it in cafe’s…so many homes on the market and below market price.  It must NOT be a good time to buy!!!

Ohhhhhh my!!!!!!  Now is the time to invest.  Cap rates are higher than ever on investment properties.  Homes can be bought below market value, loans can be written below 5%!!!!! 

Yes, the days of “flipping a home” are gone.  But, back are the days of investing in the best long term investment you can make!  Are you currently renting, leasing or God forbid…sitting on the fence saving for the time the market will come back in your parents basement?

Take a leap now before it does come back.  It will as analyst have predicted, interest rates will go back up.  Homes will retain value and you may kick yourself for being a sheep!  Talk to a lender, get qualified, seek out a full time “professional” Realtor!  You will be surprised at what your net worth will look like in 3 years from now!

Don’t be a sheep listening to the gloom and doom.  Watch what experts are doing…they are taking advantage of one of the greatest times in history to invest in homes!

Advertisement

2 Comments so far
Leave a comment

You certainly have found a job you love and are quite obviously good at! I loved the black dress, high heels article! I could actually see you tromping through the cold icy wind! It took forever to find your blog. I tried many searched and now I can’t even remember which one I used to actually get here! No matter… I will simply book mark it. You make me want to buy a house even though I don’t need one! :o ) Take care, my friend!
Lisa

Comment by Lisa Kisinger

Hello Again
Very nice. go woman go.
Donna

Comment by Dennis Ledford




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s



Follow

Get every new post delivered to your Inbox.