Why Investing in Real Estate is a Good Idea this Winter

Go forth and invest. Buy or work on residential and commercial properties during the winter months. It is a fresh, new year and the slow quarter can be very prosperous if you strike at the right opportunities.

Winter real estate shopping can be an unwanted hassle for clients or buyers. A move in the middle of the school year can feel unwise, especially with the rush of the holidays having left families in a scramble to start the new year off financially fit. However, for investors and realtors, real estate buying is ripe and thriving in the winter. There are a few reasons why residential and commercial rental properties should be invested in the colder months. Firstly, due to the busy nature of the first few months of the new year, most buyers are focusing on work and catching up after the holidays instead of ruminating on whether or not they should purchase any property. This is a good business opportunity for investors and entrepreneurs to take advantage of in lieu of fighting the buyer crowds during the warmer months. A key factor that should be taken into consideration while making this decision is location. Those investors and realtors in normally warmer climates will not experience as much of a decrease in activity in the housing market. Make sure to check into the interest, trends and pricing for your local market before embarking on a real estate investment.

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Home foreclosure starts at lowest since housing bubble in 2006

Home foreclosure starts at lowest since housing bubble in 2006

As the nation’s housing market has made gradual improvement, the number of homes falling in to foreclosure have continued to decline. For the first time prior to the beginning of the recession, the industry shows foreclosures falling to a low in 2013 that has not been seen since the housing market was at full strength. In addition to the decrease in homes falling into foreclosure, lenders took back the fewest number of homes since 2007, according to foreclosure listing firm RealtyTrac Inc.
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