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Story Archives: Window of opportunity open in area
- 2013 - 962 articles
- 2012 - 1954 articles
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- January 30th, 2012 (Monday) - 1 articles
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- 2011 - 2029 articles
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- 2008 - 1757 articles
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Window of opportunity open in area
A big thank you to A.J. Burns for 'pinch hitting' for me the past two weeks while I was out of town. He gave us a perspective on what happened in 2011 and what we can expect in 2012.
Today we have a 'window of opportunity' that is rare in the world of real estate. With the economy improving and interest rates at an all-time low, whether you are purchasing a home or investment real estate, today presents a unique opportunity.
This 'window of opportunity' will close at some point in time. The question is not 'if' but 'when'. Some of us are old enough to remember when annual inflation was 12% and interest rates on new mortgages were 15%. Today with inflation at about 2% and interest rates at 4% on homes and 6% on investment properties we have a unique opportunity.
.....For the full story, subscribe to the The Ouachita Citizen's NEW E-Edition!
Bill Roark is a Commercial Associate Broker at Keller Williams Realty and may be contacted at bill_roark1@yahoo.com. |
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