Why Real Estate?

Posted January 15, 2007 by realestatehub
Categories: Uncategorized

Welcome to my first blog….. Blog comes from Weblog broken apart to be we blog or blog a written diary of one’s thoughts.   There you have it! Now back to the article.  Can you think of anything that has not gone up in price?  Do you remember the 5 cent candy bar and the bubble gum for a penny?  Yes, that dates me but just think of your phone bill, cars, food etc., etc. they have all gone up in price.  Regarding real estate, for those who think if they wait long enough the prices will come down.  Here is another thought – we bought our first home 32 years ago – wow!  We bought it for $15,000 and sold it 4 years later for $42,000; our second home we built for $30,000 and sold it 10 years later for $95,000; our 3rd home we paid $104,000 and well now…you get the point! 

Have your property taxes gone down?

Real estate is the American dream.  People want it, those who have it can live in it, rent it out, have a tax write off, and you can use your home as a savings account and draw from its equity – try doing that on your new car you just bought.Real estate is a great investment – more single individuals at a younger age are investing in their first new home or investment properties.  The baby boomers are buying second and third vacation homes, resort homes or they are down sizing and moving into care free 55 plus communities – condominiums, town homes and such.  Builders cannot build them fast enough.  Ok, so there you go – my thoughts on the real estate market and buying real estate.  You could do like Nike – “just do it”. 

By – Debbie Ruvo, Associate Broker
Keller Williams Realty

You can contact Debbie through this blog or Email Debbie at info@realestatehub.com 

Your comments on this blog are appreciated – kindly.