Just what is a "renter's market"...??? You can rent a house in nice neighborhoods around here, but the rents are going up due to high demand from the people who can't qualify to get a loan.
And what is a "buyer's market"...??? We have nice houses for sale all around Fort Worth, and some are at discounted prices. We have many sellers who are selling their homes, and getting a fair value for them. The North Texas real estate market does not have the same issues that markets do in other major cities.
I have been selling homes and leasing houses here in Tarrant County for almost 32 years. The values keep going up, and the demand just keeps coming. More people are moving into Texas than into any other state. You could not find a better market to invest in, no matter what you call it!
So let us know what your investment goals are and we will help you find the right vehicle to achieve them. How about a 14% return on your money --guaranteeed? Would you prefer that to being a landlord?
Contact me for details.
---The Michael group
YTD 2011 through Oct 2011
A. 47,306 homes have SOLD 7 counties
B. Tarrant County includes Fort Worth 14,207 SOLD
Direct Link for current DFW homes sales report throught Oct 2011
Direct Link homes for sale in Fort Worth
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
This blog is full of direct news bulletins that I have accumulated over the past 4 years:
I look forward to hearing from you!
Lucy A. Puniwai
Century 21 Judge Fite Company
cell: 817-614-6390 (call/text)
There are some great foreclosures to be had, rental market is strong.
I disagree.... I'd be scared to death to invest in Atlanta.
Watch this video... http://www.youtube.com/watch?v=FC16-4fh-Qc
Check out this article... http://recenter.tamu.edu/pdf/1976.pdf
Obviously lots of investors have different strategies and many of them work well.
I personally think in this area, buy in the best school districts. Buy foreclosures (REOs).
3bed 2bath 2car garage.... 5-10 years old.
You can see some sample homes at the link below.
There are other Australian investors coming here. We actually work with investors from all over the world, but seems like Australians are coming on strong this year.
We are investors ourselves and very picky about the vendors we choose, the properties we put our investors in, and who manages them for you. Call or email me if you would like more information.
Unfortunately no one can predict if a market will go up or down, I can tell you that Texas in general is a very strong market. We have not had a lot of the wild swings that some parts of the country have had. We have worked through a good amount of the foreclosures and short sales so there isnâ€™t a lot of inventory at bargain basement prices.
Texas leads the nation in job growth and a lot of people are moving here. Many rent until they get established and then they buy. What you really need to do is contact a local realtor to discuss your expectations and see if they match the market.
Keller Williams Realty
I am a realtor here in the Dallas/Ft Worth area for the #1 firm in Texas. I can tell you with absolute confidence that Ft Worth is a ripe market. The factual real estate statistics support this. Currently, there is a 6 month inventory of homes for the DFW area. This is indicative of a balanced market, neither buyer's or seller's. However, homes are taking a bit longer to sell, which tends to make sellers more eager to accept less than optimal offers.
Jane, if you are ready to buy and need a professional who will take your search seriously, I'm eager to help or am simply happy to answer any questions you may have along the way. Let's talk!