Is it a Good time to Buy?
February 24th, 2009
Yes! YEs! YES!
With a 19% reduction in Foreclosure filings in January compared to our peak in August and a 28% increase in foreclosure purchases. The market is indicating the damage for undervalued properties. Through out all of time when land has had potential to turn a profit, nations have gone to war over such matters. We are in a perfect storm to start collecting a commodity that there is not being anymore made of. When real estate is 30-40% below what its comparable are selling for, it is best not to sit on your hands. Because that are large cooperation with Hundreds of millions of dollars collecting these investment because they know the future value. As individual we are more scared than an entity with vast resource. But this is why you hire someone like me. Because I crunch numbers with more levels of scrutiny then the competition. I run a algorithm with 46 point of analytion. Most software and analyst run 7 to 12. Lets not mess around, with would of, could of’s, and should of’s. The time to invest in now.
