For most people, being able to seize a lucrative investment opprtunity is a hard nut to crack. Money is not easy to come by and that's a universal truth now. Whatever amount of money people spare to invest for a secure future is their long-time saving and the fruit of a lifetime of toil, which, of course, they cannot afford to stake in risky investment adventurisms. What they need is a safe investment that can yield high returns and assure them of a secure future.
Today, the most reliable of all investments remains real estate investment. Property is one area where you can put in your hard-earned money with complete confidence and rest assured of high profits. Unlike other forms of investment, investment in real estate in any major property market of the world has the potential to bring you high returns in all circumstances. A shelter over head is what everybody needs anyway, just like food and other basic necessities for the sustenance of life. The demand for property thus never sees a sharp drop even in the midst of the worst financial crisis like the one we face today.
The current global financial slump may have caused the real estate investment to temporarily slow down, but the demand for property for sale and rent is still there. Real estate rental, for one, has remained almost unaffected by the financial crisis and both short term and long term rental industries have continued to boom. Those looking to buy property, though now reduced in number given the current economic situation, are still out there hunting for a suitable property for sale. Numerous real estate developments are continuously being initiated and launched across the world and some developments are snapped up when still in the off-plan phase.
We can easily see how the property investment remains nearly completely intact even in unfavourable economic conditions. Property in the world's major markets like Dubai, UAE, Turkey, Italy etc is still strong in demand and analysts predict that the markets that appear to be failing today will regain their previous status fully by 2010. The present real estate situation and the future predictions should be a big reassurance for the indecisive minds about investing in property.
About The Author:Daniel Marshell is senior Real Estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of first hand experience of working in Dubai Real Estate Market. He deals in buying and selling of commercial and residential property in Dubai along with long and short term rental in Dubai and its suburbs. His firm Better Homes also offers online real estate services internationally. For more information about Daniel and his associated firm please visit Better Homes Website: http://www.bhomes.com/
Article Source: http://EzineArticles.com/?expert=Daniel_Marshel
Minggu, 04 Januari 2009
How to find real estate agents?
While looking for a profitable real estate transaction, it is imperative to look for a qualified and experienced real estate agent. A real estate agent can help you to secure the most profitable deal and you can save a great amount of money as well. But, how will you find a real estate agent? In this article, we'll discuss factors that can help you to find the real estate agent.
Use Referrals: Fro getting the best deal, you can use referrals given by your friends, family, neighbors and coworkers. In fact, through this medium, you can get services from people who have already satisfied the needs of your acquaintances and family members. Hence, ask people and enquire about their experiences and then, make your decision.
Search through Online Agent Listings: Many websites offer real estate agents' listing. The list comprises of real estate agents who have paid to be listed in the directory. You can search the list and gather full information about a realtor who can meet your requirements. Check their years of experience and read customer testimonials to choose the best help. For getting better services, you can visit realtors' offices and ask for more details on their services.
Attend Open Houses: Visiting open houses is the one of the easiest ways to be in touch with real estate agents. Go there, meet new people and get their business cards. Through inter-personal meeting, you will get to know about the behavior of a particular person well. Think if you are comfortable working with the person or not. Choose a person whom you think can provide your service as per your expectations.
Advertising: Nowadays, realtors advertize their services through newspapers, internet, magazines and other sources. Hence, if you are want to hire a realtor, try searching the one in the local newspaper or go online.
Finding the right real estate agent is not a tough job if you know exact places to satisfy your curiosity.
About the Author
Myself webmaster of http://www.real-estate-directories.com/ which is a real estate directory & guide that provide all information related to real estate like real estate agents, and residential real estate agents.
Use Referrals: Fro getting the best deal, you can use referrals given by your friends, family, neighbors and coworkers. In fact, through this medium, you can get services from people who have already satisfied the needs of your acquaintances and family members. Hence, ask people and enquire about their experiences and then, make your decision.
Search through Online Agent Listings: Many websites offer real estate agents' listing. The list comprises of real estate agents who have paid to be listed in the directory. You can search the list and gather full information about a realtor who can meet your requirements. Check their years of experience and read customer testimonials to choose the best help. For getting better services, you can visit realtors' offices and ask for more details on their services.
Attend Open Houses: Visiting open houses is the one of the easiest ways to be in touch with real estate agents. Go there, meet new people and get their business cards. Through inter-personal meeting, you will get to know about the behavior of a particular person well. Think if you are comfortable working with the person or not. Choose a person whom you think can provide your service as per your expectations.
Advertising: Nowadays, realtors advertize their services through newspapers, internet, magazines and other sources. Hence, if you are want to hire a realtor, try searching the one in the local newspaper or go online.
Finding the right real estate agent is not a tough job if you know exact places to satisfy your curiosity.
About the Author
Myself webmaster of http://www.real-estate-directories.com/ which is a real estate directory & guide that provide all information related to real estate like real estate agents, and residential real estate agents.
The Wisdom of Hindsight in the Real Estate Market
"Consider the following observations about the Metropolitan Washington, D.C. real estate market:
A home in Silver Spring, Maryland comes on the market and sells in one day. That's no big deal. But the real estate agent received forty-one offers. I'll repeat: Forty-one offers in only a few hours.
A home in the city of Alexandria sells in one day at a price $100,000 over the asking price. I'll repeat: The house sold for $100,000 more than the seller's asking price.
More than 30 people camped out for 7 days in order purchase units in a new urban townhouse development. I'll repeat: Thirty people living on the streets with sleeping bags and tents in order to buy in a new townhouse development. "
A dream come true you say? These are excerpts from the article "One Word For Metro Washington Real Estate: Insane, written by Henry Savage for RealtyTimes.com...in March 2004.
Almost five years ago Mr. Savage painted a picture of a thriving sellers market that had gained so much momentum that home buyers were waiving financing and home inspections to make their offers more attractive to home sellers. As we have all witnessed, any market, whether stocks or real estate, cannot sustain this level of exuberance before something has to give.
Home prices increasing 20% per year eventually results in fewer buyers for these over priced homes. Add to this mix, greedy money lenders offering low introductory interest rates (only to spike in a few years), and resulting in too many people owning homes they can't afford. The demand for real estate begins to decrease, inventory rises, and eventually home prices drop. Sound familiar?
The increase in interest rates, would also have a devastating effect on all of those buyers who purchased homes with little or no deposit and are faced with the expiration of the attractive introductory rates. Foreclosures and housing gluts would be a natural result of this market.
Mr. Savage predicted this outcome in his article; stating "the bigger the boom, the bigger the bust". Real estate, as do all markets, runs in cycles. The plight of our current market is the fall out from the golden age of real estate we experienced a few years ago.
Currently, in the Metro D.C. market, the average Sold price is just under $550; a 12% increase from the same time last year. It's not 20%, but definitely a more realistic increase one would expect. Perhaps we are entering a new cycle in real estate; one that reflects adjusted home prices, sensible lending practices, and smarter buyers.
Work with a qualified, dedicated agent for your next Montgomery County real estate purchase. Justin Lee will help you find the perfect home in Lakelands MD.
Article Source: http://EzineArticles.com/?expert=Justin_D_Lee
A home in Silver Spring, Maryland comes on the market and sells in one day. That's no big deal. But the real estate agent received forty-one offers. I'll repeat: Forty-one offers in only a few hours.
A home in the city of Alexandria sells in one day at a price $100,000 over the asking price. I'll repeat: The house sold for $100,000 more than the seller's asking price.
More than 30 people camped out for 7 days in order purchase units in a new urban townhouse development. I'll repeat: Thirty people living on the streets with sleeping bags and tents in order to buy in a new townhouse development. "
A dream come true you say? These are excerpts from the article "One Word For Metro Washington Real Estate: Insane, written by Henry Savage for RealtyTimes.com...in March 2004.
Almost five years ago Mr. Savage painted a picture of a thriving sellers market that had gained so much momentum that home buyers were waiving financing and home inspections to make their offers more attractive to home sellers. As we have all witnessed, any market, whether stocks or real estate, cannot sustain this level of exuberance before something has to give.
Home prices increasing 20% per year eventually results in fewer buyers for these over priced homes. Add to this mix, greedy money lenders offering low introductory interest rates (only to spike in a few years), and resulting in too many people owning homes they can't afford. The demand for real estate begins to decrease, inventory rises, and eventually home prices drop. Sound familiar?
The increase in interest rates, would also have a devastating effect on all of those buyers who purchased homes with little or no deposit and are faced with the expiration of the attractive introductory rates. Foreclosures and housing gluts would be a natural result of this market.
Mr. Savage predicted this outcome in his article; stating "the bigger the boom, the bigger the bust". Real estate, as do all markets, runs in cycles. The plight of our current market is the fall out from the golden age of real estate we experienced a few years ago.
Currently, in the Metro D.C. market, the average Sold price is just under $550; a 12% increase from the same time last year. It's not 20%, but definitely a more realistic increase one would expect. Perhaps we are entering a new cycle in real estate; one that reflects adjusted home prices, sensible lending practices, and smarter buyers.
Work with a qualified, dedicated agent for your next Montgomery County real estate purchase. Justin Lee will help you find the perfect home in Lakelands MD.
Article Source: http://EzineArticles.com/?expert=Justin_D_Lee
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