Have we hit bottom? All of the data that has been published for the past several months indicates that we have! What do you think?
House Prices: Looking for the Bottom? We May Be There.
House Prices: Looking for the Bottom? We May Be There
by THE KCM CREW on OCTOBER 15, 2012
With sales and prices increasing in most regions of the country, it looks as though housing recovery is in full swing. There are more and more housing analysts declaring that we have turned the corner. A recent article on money-rates.comexplains that now may be the time to act if you are thinking of purchasing a home.
“Right now, conditions for buyers are exceptionally good, because current mortgage rates are at record low levels, and housing prices are still well off their peaks. Already though, recent numbers indicate that housing prices are starting to move. If this continues, mortgage rates might follow. In particular, if lower-end housing prices are now making the strongest gains, people looking to enter the housing market for the first time should prepare to act.”
Others Are Also Calling a Bottom
In a Chicago Sun Times article, co-creator of the Case-Shiller home price index Robert Shiller agreed saying that, even though there are still questions in the overall economy, “it’s a good time to buy a house”.
Ivy Zelman, chief executive at research firm Zelman & Associates, has also said:
“[Housing] is turning positive and we see the data reflecting that.”
Writing in the Financial Times, Roger Altman, former deputy Treasury secretary, said:
“A turn in the [housing] market is occurring now and it should become a boom by 2015.”
And Jamie Dimon says the U..S housing market has “turned the corner” as JPMorgan Chase and Wells Fargo, the two biggest US Banks have seen a surge in mortgage demand. He also warned that interest rates would “probably” rise “sometime in 2013”.
What Does That Mean to You?
If you have been waiting for the bottom in real estate prices, it seems your time may have arrived. As the Money-Rate article concluded:
“The housing market may be better off than people know. As many found out during the housing boom, waiting until everyone knows the market is healthy before you buy can be an expensive proposition.”
About boiselender
Meet Paul Anderson, a seasoned mortgage lender and visionary entrepreneur who has dedicated his career to assisting investors in finding lucrative investment properties and paving their path to financial success. With an unwavering passion for real estate and a deep understanding of the market, Paul has become a trusted partner for countless individuals seeking to grow their wealth through strategic property investments.
Early Years and Passion for Real Estate:
Born and raised in Boise, ID, Paul's fascination with real estate emerged during his early years. Paul’s father was a realtor and Paul got his first taste of real estate helping his father in the late 70’s by preparing flyers, folding mailers, and licking too many envelopes! His parents, hardworking individuals who instilled the values of diligence and ambition, frequently discussed the importance of homeownership and building equity. Inspired by their words, Paul's determination to explore the vast world of real estate began to take shape.
Educational Pursuits and Professional Development:
Paul is a lifelong student of real estate and finance and has immersed himself in various real estate forums, attending seminars and networking events, where he honed his skills and expanded his knowledge base. Armed with a comprehensive understanding of mortgage lending and investment strategies, Paul embarked on his professional journey.
Career Breakthrough and Specialization:
After joining a family-based mortgage brokerage, Paul quickly rose through the ranks, showcasing his exceptional dedication and aptitude for assisting investors in achieving their financial goals. Recognizing his unique abilities and passion for helping others, he decided to specialize in guiding investors toward finding profitable investment properties. Paul's expertise in evaluating market trends, conducting meticulous property analyses, and structuring tailored mortgage solutions has set him apart as a trusted advisor in the industry.
Empowering Investors for Long-Term Success:
Paul's approach to working with investors extends beyond mere financial transactions. He believes in building lasting relationships based on trust, transparency, and mutual understanding. By taking the time to listen to each client's individual needs and aspirations, he collaborates with them to devise personalized investment strategies. From first-time investors seeking guidance to seasoned professionals looking to expand their portfolios, Jonathan's vast experience caters to a diverse range of clientele.
A Holistic Approach to Wealth Creation:
Paul firmly believes that true success in real estate investment lies in adopting a comprehensive approach. Apart from helping clients secure suitable mortgages, he provides valuable insights on property valuation, rental market analysis, property management, and long-term wealth creation strategies. By leveraging his extensive network of industry professionals, he assists investors in finding the right resources, such as trusted real estate agents, property inspectors, and legal advisors.
Community Engagement and Philanthropy:
Recognizing the importance of giving back, Paul actively participates in community outreach initiatives, particularly those related to housing and financial literacy. Sharing his knowledge and empowering aspiring investors with the necessary tools to make informed decisions. Furthermore, Paul is dedicated to supporting charitable organizations that focus on providing affordable housing options to underserved communities.
Future Vision and Legacy:
Looking ahead, Paul envisions expanding his reach and impact in the real estate investment landscape. His passion for innovation drives him to explore new technologies and investment models, such as Property Llama, Bigger Pockets, and fractional ownership, to offer cutting-edge solutions to his clients. Through his unwavering commitment to excellence, Paul aspires to leave a lasting legacy as a trusted advisor and advocate for investors, transforming their dreams into tangible wealth for generations to come.
Conclusion:
Paul Anderson's journey as a mortgage lender specializing in helping investors find investment properties exemplifies a remarkable commitment to transforming dreams into financial prosperity. With his in-depth knowledge, personalized approach, and dedication to long-term success, Paul empowers investors to navigate the complex world of real estate investment confidently. As he continues to revolutionize the industry, Paul remains a beacon of expertise and a steadfast ally in the pursuit of wealth creation through strategic property investments.
More ways to connect
https://www.linkedin.com/in/boiselender/
https://www.instagram.com/boiselender/
https://www.facebook.com/BoiseMortgageSolutions/
https://twitter.com/BoiseLender
boiselender@gmail.com
Boise Mortgage Solutions 