3 Reasons why to Buy!

3 Reasons why to Buy!

Have you been thinking of buying a Home? But naysayers and skepticism have controlled your thoughts of the Current Real Estate Market. Are you afraid of buying a home today and going into foreclosure 3 years from now? Is the Media affecting your buying decision? These questions are common concerns of potential buyers in this market. After questions and answers I end with one of my favorite quotes in business. It was said by Warren Buffet an investor in Wall Street that has dedicated his career acquiring business such as American Express, Coca Cola and many others.

He said “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful”.

Warren Buffet.

It simply states do the opposite of what the majority are doing. In the time when the market was escalating it was the time to sale, in today’s market it’s the time to buy. We are seeing more investors and foreigners buying Miami Real Estate like never seen before. Read this article on a Bulk Purchase. 

  • 1. Historic Graph

 

Due to the market the Federal Reserve Bank have maintain interest rates low to encourage consumers to borrow. We are seeing interest declining hand in hand with home prices. This graph shows the historical Interest Rate for the past Decades. It is a clear indicator stating that interest rates are at its all time low’s.

  • 2. Home values Declining

Real Estate Market Chart by Altos Research www.altosresearch.com

As you can see the inventory has increased and the median price has decrease. It is a simple law of Supply and Demand.  IF you are a potential home buyer consider signing up for our weekly market reports. We strongly believe the more knowledgeable the buyer is the more confident he will become.

  • 3. What’s the top and what’s the bottom.

In buying and selling stocks many traders determine their buying and selling position on Market trends. They use two types of graphs or techniques to purchase or sale a stock. It’s called fundamental analysis and technical analysis. These two separate tools can help a trader understand the history, present and future movement of the stock of any giving company. Real estate is not as volatile as stocks are but we can apply the same concept. As fundamental analysis we can use local Employment rates and job growth. For technical analysis we can use history home prices with current ones. To receive a copy to these two techniques click here. This report will provide you an optimistic look at the current real estate market regardless of what the media reports.

We are not in a state of caous but in a state of opportunity. Take advantage and sign up for our Market Reports. Take advantage of all of our resources to become a more knowledgeable buyer.

Ready to buy a Miami foreclosure Home? Contact Global Market Realty today. We have several Miami Foreclosures  for sale in , Search the MLS for foreclosures in Miami .  Do you want more information on a second home or a vacation home please contact us at                 305 364 0037                                                                                           

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

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