This is why now is the best time to invest in real estate

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Now, more than ever, real estate is being sold at a price that has exceeded it, and buyers are ready to buy it. This is why you shouldn’t wait to take action.

Federal Agency for Housing Finance announced on wednesday that he extended the moratorium on the foreclosure of individual families and real estate eviction “At least” until September 30th. This means that banks are still not allowed to return property due to non-payment of mortgage debt, leading to an already meager inventory of homes in markets across the country.

However, this does not mean that the time for investing in real estate is over. In fact, if you play your cards right, you can emerge from this moratorium as a winner in the market – and with a large portfolio of properties to show it.

Remember: customers are hungry

Real estate prices are only going up, and those who are selling a house are eager to buy – and ready to pay. Real estate prices will only rise thanks to the extension of the moratorium, so if you want to build a high-value portfolio, now is the time.

Farrah Ali

“Now is the perfect time to make the most of the high-value real estate market,” Farrah Ali, real estate investment expert and book author Diaries of a Woman Real Estate Investor, said. “Buyers want to buy, but they don’t have enough money because there is not enough supply in the market to meet demand. It’s time to get the most out of your portfolio. “

According to the National Association of Realtors (NAR), housing prices jumped is expressed in double digits in almost all US metro markets, with the median price of existing single-family homes growing 22.9% year-on-year in the second quarter of 2021.

Given the extension of the moratorium on evictions until at least January 2022, it is safe to say that house prices will only rise and that more and more buyers will enter the market. It’s time to get started.

Keep track of state registrations

Although the federal moratorium on evictions has been extended until early 2022, there are several states with different policies and pending lawsuits that make a difference when it comes to investing.

For example, Realtor Associations of Alabama and Georgia filed an emergency petition in early August, with Judge Dabney Friedrich of the US District Court for the District of Columbia, asking to enforce a recent US Supreme Court ruling that the moratorium could not be extended without the enactment of new legislation. The resulting judgment could be a game changer for real estate investors in these states.

“Follow local and state law, as well as court decisions, to get a clear idea of ​​what the future holds,” Ali said. “It is difficult to say what action states will take, but having all the facts is what is important in such a rapidly changing market.”

Know when to buy and when to flip

It cannot be overstated that real estate investors must constantly monitor the market. This is a great time to buy and hold property, but don’t hold on to it. too much for a long time. Laws and regulations change every day, and losing mindfulness can benefit thousands of dollars.

Chances are, it’s time for you to buy and change properties as soon as possible, especially since any new property on the market will most likely not stay on the market for long. The housing market has seen more sales growth in 2020 than in any other year since 2006 (a historic 22 percent growth) and that trend continues, according to Census Bureau data

In addition, the COVID-19 pandemic has not only caused a real estate turmoil, but also caused the price of building materials to rise, which is also forecast to rise. If you really plan on buying and renting properties, take your chance now before you miss out on your profits.

The real estate market is growing faster than ever before. The demand for housing is high and the supply is low, which means that now is the best time to start investing. Real estate is on sale now more than ever well above list price, and buyers are eagerly awaiting a purchase – the market has never been so prepared for you.

Victoria Kennedy – CEO Atman Real Estate… Contact her through email



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