|
|
|
|
|
Real Estate
Articles
Real Estate: A Strong Investment
By: Naomi Warne
Description: Even in uncertain economic times like these, history shows that real estate is one of the soundest investments a family can make. Also remember that the stock market is not the only place where people can make their fortunes. And also, you’ll hardly ever hear of real-estate investors who’ve gone bankrupt, unlike stock market investors.
Even in uncertain economic times like these, history shows that real estate is one of the soundest investments a family can make. During the Great Depression of the 1930s when the stock market plummeted as much as 89 percent, housing prices dropped only 39 percent. So, according to most of the research on housing trends, prices continually stay at the same level as, and most often appreciate faster than the rate of inflation. In fact, the prices of houses actually increased by 10 percent during the economic recessions of the mid-19702 and the early 1980s.
The last downturn of the global stock market resulted in millions of investors who got their fingers burned. Overnight, life savings were eaten away, retirement funds went into decline and the economic forecast for all of us who had any money invested in stocks and shares was gloomy, to say the very least. And as a direct result, investors sought alternative asset classes to invest their hard earned money in. This has led to a global boom in real estate markets and property prices, and has spawned a generation of budding real estate investors.
However, the opportunities to make big, quick profits in residential real estate tend to come and go. If the local market is hot, families might get to buy and sell a house at a profit. but, if the market is not so hot, there are chances that you’ll have to hold on to the house for a longer period of time before selling it or at least till the market turns.
Tips for First-Time Real Estate Buyers
If you play well, you can be the big winners in this current environment of boom. However, it’s important to draw up a good budget to help you decide what you can afford. And, once you’ve determined a price and picked your desired community, you can shop around to find the best house within your budget.
However, for those of you who’re still uncertain about how to go about it, there are five things that might just help you close a great deal. While deciding on the house to invest in, never make the mistake of assuming anything. Instead get help from an expert if you’ve any doubts. Also, it’s important to set a realistic budget and stick to it. You also need to consider every single area of cost and payment to make sure that there are no nasty surprises on the way.
More than Just an Investment
Residential real estate is more than just an investment. For example, if you purchase a vacation home, it will not only be a great deal when housing prices move upwards, but it can also be a place for some great vacations for your family and you.
Also, there is another advantage. The federal government believes that home ownership is so important to the future of our country that it has allowed mortgage interests to remain a substantial tax shelter for families. So, homeowners are allowed deductions on their property taxes. And, the profit on the sale of your home remains tax-free as long as you buy a house for a greater or equal price.
So, before you decide that residential real estate investment is not exactly your cup of tea, re-examine the financial benefits of owning your own home. Also remember that the stock market is not the only place where people can make their fortunes. And also, you’ll hardly ever hear of real-estate investors who’ve gone bankrupt, unlike stock market investors.
For more information on Property Consultant, Australia, visit http://www.mortgagemall.com.au
About the author:
Naomi Warne of Around the Corner Real Estate Dealers, Sydney, has helped her clients with profitable property investments and numerous tax benefits. Having started as a Real Estate Agent, Naomi has established herself as an analyst and Property Consultant, Australia.
Circulated by Article Emporium
Sean Rasmussen is a part time investor and
runs these sites:
http://www.wealthcreationdvd.com Free Wealth
Creation DVD
http://www.universalwealthcreation.com
Wealth Creation with
Jamie McIntyre
http://www.australianpropertysourcing.com
Property Investments
Australia
http://www.sydneypropertyinvestment.com Sydney Property
Investment
Copying or republishing
this article is permitted with this footer
included
These property,
finance, stock market & business articles have been supplied in the
interest of Universal Wealth Creations visitors who want to
expand their knowledge in the wealth creation & investment
fields. All the business, finance, stock market &
business articles have not been read as they are submitted
remotely, so if you find any questionable facts in here or simply do not
like it, please email webmaster@universalwealthcreation.com and we
will review the material. As we find time to do so, we will go through
all articles and remove any that appear not suitable. Other sites we
recommend here at Universal Wealth Creation are:
21st
Century Academy with
Jamie
McIntyre, Investor
Finance, Universal Trading Solutions which promotes great wealth
creators like: Kim Reilly,
Simon Martin,
Justin
Beeton, Louise
Bedford, John Kaye, Daniel Kertcher & more. They run great seminars
across the country. At times we will publish dates for these
seminars as they are made available around the counrty.
Meanwhile, there is a great opportunity to learn about the finance,
stock market & property investment field through reading these
kind of articles. Learn about share trading, options, futures, CFD's,
derivatives, warrants, indices & more in the stock market. You will
also learn plenty about business, finance & property
investing through authors opinions in the marketplace. Enjoy
your journey towards financial freedom. We hope you will enjoy your
visit.
Regards
Sean
Rasmussen -
Universal Wealth Creation Pty Ltd
include("rotate.php");
?>
Financial Wealth | Wealth Creation
Ebook | Wealth Creation Ezine | Financial
Investment Books | Kim Reilly | Jamie McIntyre DVD | Jamie McIntyre
Homestudy | FAQ | Jamie McIntyre
Testimonial | Wealth Creation Forum
| Wealth Creation Affiliate | Bourse Data | Australian Property |
JB Global | Justin Beeton | Investor Finance
| Renting Shares | 21st Century Academy |
Pacific Investor Group |
Forex Currency Trading |
Property Investment | Property
| Covered Calls | Property Sourcing | Property Articles | Business Articles |
Finance Articles |
Resource Directory | Jamie McIntyre | Business Opportunities |
Property Investing |
Share Trading | Renting Shares
| Investor Finance Articles | Property & Finance Links | Wealth Creation DVD |
Perth Property | Adelaide Property | Brisbane Property | Hobart Property | Melbourne Property | Sydney Property | Australian Property | ASX Links | Work From Home | Making Money | CK Locke | IPO | Finance Review | Deposit Bonds | Bank Guarantees | Investment Tutorial
|
Site
Map