Some Markets Are Softening Others Still Are Under Valued
I work with many investors to start and build their personal property portfolios across the U.S.. In recent years we have scene consistent growth in the Syracuse, NY area and many areas in Florida and Arizona. Today some markets have changed in certain states but still there are cities that remain under valued. These areas are some of the most exciting investment opportunities for new and mature real estate investors.
Here are some highlights from a recent National City Corp study as reported by CNN Money on market values across America. “National City arrives at its estimates of what the typical house in these markets should cost by examining the town's population densities, local interest rates, and income levels. It also factors in historical premiums and discounts for each area.”
Here are some of our favorite under valued areas:
College Station, TX -23%
Lafayette, IN -10%
Memphis, TN-MS-AR -9%
Buffalo, NY -5%
Fort Wayne, IN -5%
After having hundreds of discussions with customers and referrals I have noted that many homeowners have a desire to investigate and better understand property investment. Understandably there are many facets to prudent property investment, portfolio management and equity growth management but in certain cases it’s much easier than most would think to get in, properly manage and earn significant returns on quality investments.
One of the biggest obstacles first time buyers and investors will face is FEAR.
Change, it has been said, is what most people fear most – not because it is wrong, rather it is simply uncertain. Fear is often the result of what we do not know or cannot understand. A talented mortgage professional can alleviate fear by explaining important information that can impact your future.
It’s our goal to assist our clients in understanding the implications of property investment and how it can affect their ability to create wealth in their lives.
I’ll have more examples of this in future posts. Call me anytime if you have questions. I’m never too busy for any of your referrals or questions.
Best Regards,
Kenneth Knapp
949-294-0403 cell
1101 California Ave., Suite 102
Corona, CA 92881
Here are some highlights from a recent National City Corp study as reported by CNN Money on market values across America. “National City arrives at its estimates of what the typical house in these markets should cost by examining the town's population densities, local interest rates, and income levels. It also factors in historical premiums and discounts for each area.”
Here are some of our favorite under valued areas:
College Station, TX -23%
Lafayette, IN -10%
Memphis, TN-MS-AR -9%
Buffalo, NY -5%
Fort Wayne, IN -5%
After having hundreds of discussions with customers and referrals I have noted that many homeowners have a desire to investigate and better understand property investment. Understandably there are many facets to prudent property investment, portfolio management and equity growth management but in certain cases it’s much easier than most would think to get in, properly manage and earn significant returns on quality investments.
One of the biggest obstacles first time buyers and investors will face is FEAR.
Change, it has been said, is what most people fear most – not because it is wrong, rather it is simply uncertain. Fear is often the result of what we do not know or cannot understand. A talented mortgage professional can alleviate fear by explaining important information that can impact your future.
It’s our goal to assist our clients in understanding the implications of property investment and how it can affect their ability to create wealth in their lives.
I’ll have more examples of this in future posts. Call me anytime if you have questions. I’m never too busy for any of your referrals or questions.
Best Regards,
Kenneth Knapp
949-294-0403 cell
1101 California Ave., Suite 102
Corona, CA 92881
posted by socialFIEND | 9:54 AM
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