Renewed Investor Participation
Published On: August 31, 2016 Posted by: MyUntangled Media
Are You a Number Cruncher or a Long-Term Planner?
Perhaps you have taken one of those fun personality quizzes in the past. But have you ever wondered where you fall on the current real estate market spectrum? If so, you are in luck! Today, we will help you find out your real estate investment personality.
A national overview from National Association of Realtors President reports that “unlike stocks, where significant equity can vaporize overnight, today there is little volatility in home prices and most homeowners are experiencing very healthy long-term gains.” If you are a home seller, the operative word here is long-term gain. According to this national overview, the average home appreciates 45% over six years.
We are seeing renewed investor participation in the Southport, Oak Island, and St. James Plantation housing markets. All are wise buyers looking at the low mortgages rates and affordable prices in these coastal southeastern North Carolina communities. While there may be some overlap, it seems like they fall into two categories:
These investors are planning on long-term rentals with a focus on tax benefits and a healthy return on investment (ROI).
While these folks are not quite ready to retire, they still want to take advantage of the low mortgage rates and realistic pricing to purchase their forever home now. They will rent out their property until they are ready to permanently move here. The primary goal of these buyers is to “cover their expenses”, so they will probably secure a long-term renter.
Unlock The Door To Your Future
Please contact us for more information on buying a home in Brunswick County. One of the experienced real estate professionals at Three Rivers Realty in Southport would be happy to help! We enjoy working hard to make your real estate goals a reality.