Why Now is a Great Time to Be a Real Estate Investor

Do you know what a triple play is when it comes to real estate investing? We’re going over that and more today.

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We’re finally starting to see home prices rebound in the Brainerd Lakes area and the market has finally shifted into a seller’s market. Now, more than ever, is the ideal time for people to get involved in real estate investing.

There are three profit centers that real estate investors can take advantage of to make money:

1. Use change. This comes from fixing up a property and flipping it for a profit.

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When you put these three profit centers together, you get a triple play.

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2. Cash flow. You gain this from holding the property and accumulating passive rental income on a monthly basis.

3. Appreciation. This is from renting a home, fixing it up, and enjoying appreciation over time.

When you put these three profit centers together, you get a triple play. If you’re thinking about getting into real estate investing and you want to take advantage of this triple play, we would love to hear from you. Give us a call or send us an email and we can help you get started on the right path today.

Real Estate Remains Hot, Aside From the Luxury Market

Current market conditions are favorable for certain buyers and sellers. Here are the latest details.

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The real estate market remains red-hot. In fact, Zillow estimates that homes sold more quickly in 2017 than ever before. 2018 seems on-pace to beat 2017. However, one segment of the real estate market seems to lag behind.

I’m talking about luxury homes.

Prices in the top 5% of the real estate market increased just 5.1% in 2017, almost 2% lower than the rest of the market. What's going on?

Affordability does not seem to be an issue. More Americans can afford a top-level home than ever before. Instead, it might come down to two other factors.

First, uncertainty surrounding the new tax bill could be affecting luxury homes more strongly, and this might be the reason why some potential buyers are choosing to sit and wait until the details of the tax plan become more clear.

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Demand and supply are more evenly matched
at the top of the market.

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Second, there is simply a greater supply of luxury homes compared to other types of homes. In fact, 53% of the available housing inventory is in the premium segment, compared to 23% for starter homes and 24% for trade-up homes.
 
In other words, demand and supply are more evenly matched at the top of the market, while in other segments, demand far outpaces supply. What does this mean for you?

If you've been thinking about trading up to a luxury home, now might be the ideal time to do so. With the lack of buyers in this price point, you may be able to get the very best deal for a luxury home that we’ve ever seen. The red-hot demand for starter and trade-up homes means you could sell your home for top dollar and at record speed. The limited price growth and greater inventory at the luxury end mean you could have your pick and find a special, unique, and customized home that perfectly suits your preferences.

If you have any questions about the current Baxter real estate market, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.

Introducing a New Way To Sell Your Home

Avoid the hassle of listing by selling to us directly through our new “Buy It Now” program.

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I am excited to inform you of a new program we are rolling out.

Across the country, we are seeing companies such as Opendoor and OfferPad take many markets by storm. In cities such as Phoenix, Las Vegas, Dallas, Orlando, and more, there are double-digit market shares for these companies. This allows sellers to avoid listing their home for sale but still get an offer.

In response to this popular option, I want to introduce you to our “Buy It Now” program.

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We will buy your home for cash and
close when you want.

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If you are thinking of selling your home, but do not want to deal with the hassle of open houses, unqualified buyers, and deals that fall apart because of home inspections or financing this may be the program that is right for you.

You can visit our new website clickthensold.com and check out our new Buy It Now program for yourself. If this option makes sense for you, we will buy your home for cash and close when you want.

If you have any questions or are thinking about listing your home, please feel free to contact me. I would be happy to speak to you about this exciting new program.