Homebuyers - there is something special going on right now in the market: The Real Estate Trifecta!
Horse race fans dream of "hitting the trifecta" where a small wager reaps big rewards. Now I don't equate buying real estate with betting on the ponies, but in all reality, any investment is a wager of sorts.
What is going on right now in the Tucson market is the "Real Estate Trifecta." There have been buyer's markets before, there have been low interest rates before - usually not at the same time. Add in incentives like loan programs that have rehab costs rolled in....or for first-time homebuyers, the big ticket: the $8000 tax CREDIT - and buyers have something that comes around once in a lifetime: the Trifecta.
I know, I know...people in real estate are always saying: "Its a great time to buy." Yada, yada, yada.
The reality is this: With market conditions what they are, with prices this low, with interest rates near historic lows, with all of the incentives available right now - you add it up. When you have time to mull it over, there hasn't been a better time in decades to buy real estate than right now. You won't see this kind of opportunity coming around very often, if ever, again.
My practice is centered on buyer representation - give me a call & lets discuss your wants & needs in the Greater Tucson Area. Lets get you the home you & your family deserve.
Specializing in Buyer & Seller Representation in the Tucson, Arizona real estate market.
All original material written by Kent Simpson unless attributed to source.©2011, 2010, 2009,2008,2007
"Never forget - Real Estate Is About People"
There'll never be a better time in our lifetimes. and trifecta it is. Good concept.
Tucson Kent,
Timely post! I just heard on the way home tonight, though, that the Preakness is going bankrupt and will move to another venue.
It's time to buy real estate!
Mike in Tucson
Kent - I love the analogy. I have hit the trifecta before, a couple of times, but only with $2 bets. The real estate trifecta is a much better bet.
Thanks Sally - have a good Easter!
Mike in Tucson - didn't know that about Pimlico - anyone from Maryland here? Is it true?
Mike Saunders - funny thing is, the only time I ever bet on horses was at basketball camp in Jr. High! (The r-e-a-l-l-y tall kids in high school at the camp would put out $2 down for us LOL)
Great analogy... plus I did hit the trifecta once on my first trifecta bet 20 years ago... but I like the odds better on getting a good value in the current real estate market.