WOW!! Can you believe how much the real estate market has changed over the last two years? Between 2004 and 2006, investment homes were appreciating at a rate of 30-40% per year. This rapid increase led people to "flip" properties driving prices even higher making these homes truly quick investments with great returns.
Investment home prices today, in line with the general housing market, have now returned to the level where they are once again a viable investment opportunity. Homes can now be bought for thousands of dollars less than they were a year ago, and lower mortgage payments can be offset more easily by rental income. Now is the time to be looking, because house prices will not drop forever and will surely start to rise again. I have listed below just a few to give you an idea of the variety available at the moment. Have a look at the developments and then contact me with any questions you may have