Louisville Rentals and Real Estate Investing- TIME TO BUY
Posted Sep 30, 2007 @ 6:39 am, Viewed by 679 Visitors, Read 694 Times.
The Louisville rental market is getting ready to ROLL. Why do I say that?
Think about it. Over the last few years, whoever wanted a house (and had a pulse could buy one. With the changes in the loan market, we now are in a position where many otherwise decent people now can no longer buy their own home. For those with cash and good credit, it's
TIME TO BUY, PEOPLE!
What are we seeing? GREAT deals on the market. Homes that will ACTUALLY cash flow and less and less folks to buy them. The banks are getting nervous about their inventories of REO and it is time to move in my opinion. The choices haven;t been better in a long time and there is a ready market of people to rent to.
All that having been said, the same rules still apply. Caveat Emptor. Get an Inspection. Negotiate--hard. Work with a REALTOR who can guide you through the process .But it is now definately the time to buy!
Think about it. Over the last few years, whoever wanted a house (and had a pulse could buy one. With the changes in the loan market, we now are in a position where many otherwise decent people now can no longer buy their own home. For those with cash and good credit, it's
TIME TO BUY, PEOPLE!
What are we seeing? GREAT deals on the market. Homes that will ACTUALLY cash flow and less and less folks to buy them. The banks are getting nervous about their inventories of REO and it is time to move in my opinion. The choices haven;t been better in a long time and there is a ready market of people to rent to.
All that having been said, the same rules still apply. Caveat Emptor. Get an Inspection. Negotiate--hard. Work with a REALTOR who can guide you through the process .But it is now definately the time to buy!
Eric Blackwell
Technologist
Louisville Real Estate | Southern Indiana Real Estate
RE/MAX Properties East
Southern Indiana Search Marketing / EriconSearch
My Local Search Engine Marketing Blog
Insider News and Opinion from the Real Estate Industry
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Eric Blackwell is Director of Technology for RE/MAX Properties East. He helps REALTORS reach and assist their clients using Technology and he is the Webmaster of www.HomesinLouisville.com.
Eric also consults on Search Engine Marketing issues and does Search Engine Optimization for select clients. Read More
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