The Housing Market is Recovering
Most of the time, all we ever hear on the news is doom and gloom about our economy. Before I talk about real estate, let me personally challenge you as you try to “win” the race for your own family. About a month ago, I made a decision to turn off the news and focus on growth…growth for myself and my own “personal economy.” You see, for many years, I would wake up to the news and go to bed with the news. Unfortunately, most of the news is very negative and down right depressing. About 2 months ago, I made a committment to subscribe to the “golden hour” which is simply an hour that I spend before I go to bed each night with the TV off and my journal open. Wow! What a difference that has made. What do I do during this “golden hour?” Well, I journal about the positive things that happened to me that day and the key “dollar productive” activities that will move my business forward the next day.
Since I have adopted this new “system” I have performed at a much higher level in business. I have had a brighter outlook about my future and the future of others because of my systematized positive thinking. If you really think about it, we never really take the time to think anymore. We don’t clear our minds for expansion…most of the time we occupy our minds with fear on how we will avoid contraction.
By the way, over the past two weeks, I have written in excess of 20 offers for properties. Interestingly, I have only gotten about 5 contracts approved. That was a little disappointing to me, but exciting due to the fact that we were outbid on all of the others. Keep in mind that everytime we were outbid, my competition was coming in over the listed price. Folks, the housing market for first time home buyers below $150,000 is red hot. If the house is in decent condition and it is under $150,000, they are going very fast.
Now is the time to invest in real estate and now you can actually cash flow the property by finding good renters.
I probably seen 500 homes under $150,000 over past 2 months. The market is very hot and I would encouarage anyone that is really serious about buying to get going on your plans. Not only are the prices at rock bottom, the interest rates at all time lows, but the government is offering tax credits if you buy this year. This is the year of “inventory absorption.” This year, inventory will be sucked up as soon as it hits the market. Housing will recover and those that are buying this year will reap rewards for years to come.
I look forward to serving you and your family members!
