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...
giving you the advantage...®
Taunya Fagan Bozeman Real Estate 406.579.9683 firstname.lastname@example.org