D'Evereaux Baum's Blog

View Housing Trends@DevereauxBaum
(281) 705-2698

Client Experience Rating    4.96/5.0       Based on 19 Surveys   View Rating Detail
INTERO REAL ESTATE SERVICES
        EMAIL ME        2800 Kirby Drive, Suite B242, Houston, TX 77098     Phone: (713) 568-2389     Fax: (713) 239-8124
Investing for the future, HELLO?????? Read this!
SEP
13
I recently worked with an investor who bought several homes in the Real Estate crash of the 80's and rented them out until the market recovered. He then remodeled them and sold them for a fortune in equity, that is what he is doing yet again because of the crash. Yes we are in a recession and a very down market which in turn means GREAT BUYS for the future. If you have ever thought of "flipping" houses like the famous TLC show sparked "Flip this House", then now is your window of opportunity...opportunity is KNOCKING seriously.
 
Another customer husband and wife team bought an investment home from me recently saying they had lost almost all there stock money and were convinced that Real Estate was the only thing they were going to invest in from now on - smart folks!

Home prices being reduced daily that were only three years ago worth thousands more, will come back up in value. Think about it, homes are a necessity, and Houston is the number city for job growth and we live in the Energy Capital. There will always be a need for homes and the best time to buy is when there is a slump, right? Or would rather wait until the market recovers in a few years and pay way more for the same house - doesn't make sense. Real Estate is the only investment you can make that is at least risk like the stock market.

When I started my career in Real Estate 13 years ago, interest rates where 9%!!!!!!!!!!! TODAY THEY ARE hovering around 4%!!!!!!!!!!!!!!!!!!!! HELLO???

A home loan in the amount of $150,000 @ 9% was = $1,206.93
A home loan in the amount of $150,000 @ 4% is = $716.12

SO...IS 490.81 PER MONTH WORTH IT TO YOU???

Rates will go up eventually so buy now with the lowest rates in record history, sit on it and win big later...

Contact your Realtor TODAY!

FEATURED LISTINGS
 
 
 
ARCHIVE
Zip code
Location


TOOLS
View subdivision price trends for the past 13 years, and create comparative subdivision analysis reports online.
View a list of my sold listings.
Golf Course Finder allows you to search for Houston golf courses and to view properties on or near a golf course.
Search for Houston area highrises and see their comprehensive list of features and amenities.
Includes residential home sales statistics for residential properties and new homes listed by REALTORS®
Online resource center for affordable housing information
Information source for mortgage info, lenders, refinancing and more!
Providing links to valuable Real Estate news and Information.
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
Copyright© 2014, HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved.