Time to Buy Real Estate in 2008 in Northern Virginia from Keller Williams

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Investing 101: Why It’s the Right Time To Buy

April 2nd, 2008 Categories: Buying, Keller Williams

Here’s an investing tip that should be well known by now:

Buy Low

Sell High

So why are so many people shying away from buying? Isn’t this the perfect time to invest in real estate (and/or many other ways of investing)? When people are running away from the housing and stock markets, prices are dropping! READ: Falling prices = LOW.So what should savvy investors be doing? Buying in at these low costs. Take note: yes, the numbers don’t lie, while some prices in some areas have taken a (small) hit (in the Northern VA area), real estate generally doubles in value over a 10 year span. And this DOUBLE in value, is when you sell. READ: SELL HIGH and PROSPER!

For those of you that missed it, Time Magazine published an article in February called “Ignore the Headlines, Except this One.” The takeaway from the article: “Finance costs will rise as the economy recovers, so trying to time real estate might not pay off.” If you missed it, email us today and we’ll send you the article from the magazine that includes the table and metrics that show that even if you waited until the market recovers, you might not have saved a penny.