1836 Blog

Home Prices Could Jump 9.7% in 2013, J.P. Morgan Says

This is the title from a recent Wall Street Journal Article. Now don’t get me wrong, I’m don’t personally believe that prices are going up by this percentage in the Central Texas or Austin area however if you’re not seeing the writing on our wall, you’re not looking. Properties that are available for lease are getting snapped up with multiple offers. This goes for properties for sale as well. This is the start of something beautiful if you believe in real estate investments or, in our case, if you specialize in working with investors and property management. We always recommend to focus on income rather than appreciation however wouldn’t it be nice to have both. At 4% interest rates we’re smiling so hard I’m not sure it really matters. If you’re waiting for a better time to buy income or rental properties, it’s not going to happen. Interest rates are at historic lows, properties are relatively cheap and rents are rising. You don’t have to ride the top of the wave to surf, just get on and stay out front. Before long you’ll end up on a beach with the sun shining down on you. Now is the time to get ahead of the wave. For excellent investment and property management services in Austin Texas call us today.
877-711-1836 Ask for Matt. Our company and partners are standing by ready to lead the way.