The start of 2012 brings us into a New Year with what I see to be a great time to purchase a property. Not joking around being the sales guy, the interest rates are right now hovering around 4%. This year should bring out more of the bank foreclosure inventory. I was told that the foreclosures were down about 25% in the Northern Kentucky area in 2011, and the expectations for 2012 is that thoughts 25% will be released this year and maybe even an increase from the "norm".
So if you’re looking for a great deal on a house in
So if your looking for a great deal on an invest property, a second home, first time buyer or any where in between this year is the time to purchase. If you need to sell before buyer, well, that could be a bit more difficult but even if you break even on your current home, you have a good opportunity to capture equity in your new home really quick.
Any questions or thought?