Taunya Fagan Bozeman Real Estate Blog: SW Montana Information & Listings: It May Be Time This Spring...

It May Be Time This Spring...

Home prices just may drop sharply this spring, according to Jonathan Clements, as hurting sellers in hard-hit areas give up and radically lower their asking price. This means opportunity is on the horizon this spring...

Three ways to look at the new market shaping up in the US:

Trading up. If you're considering a larger home or a house in a better neighborhood, 2008 could be a great year to trade up cheaply, as long as you can get your price for your home.

Doubling down. Maybe consider a second home. If you don't plan to rent the place out, you likely won't make very much money, meaning its not much of an investment, but you could rent it out until you retire into it.

Helping hand. Purchasing additional real estate for your own use won't be a great investment, but you could assist your adult children to make some money down the road by helping them purchase soon with that future inheritance money...

Read More at the Wall Street Journal 

 

giving you the advantage...®

Taunya Fagan Bozeman Real Estate   406.579.9683   taunya.fagan@prumt.com

Bozeman Montana Real Estate    Big Sky Montana Real Estate

Belgrade Montana Real Estate     Livingston Montana Real Estate

Taunya Fagan Prudential Montana Real Estate Banner

Comment balloon 1 commentTaunya Fagan • March 13 2008 12:05AM

Comments

I'm not sure if purchasing additional real estate now won't be a good investment. If one is looking for long term investment, purchasing now could proved to be a good investment.
Posted by DDR Realty, Orange County NY (DDR Realty) almost 10 years ago

This blog does not allow anonymous comments