Deb Tebbs Group

Cascade Sotheby's International Realty

Why now is a great time to Invest in Real Estate

We may say that this recent recession caused a real estate mess, however consider this, it also produced plenty of opportunities for those with the financial resources and means to buy real estate.

Mortgage Rates Are Low and are most likely to stay that way (under 5% for a 30-year fixed-rate) throughout the 2012 year.

Real Estate Prices Are Also Low; in many markets, including Central Oregon real estate is much more affordable than it was 5 years ago. Considering that housing is generally your biggest expense, you might want to consider relocating to an area where you can get a nice property for a reasonable price. Considering that Central Oregon has over 300 days of sunshine and is an outdoor enthusiast playground, it is a prime place to call home.

Real Estate is a Great Long-Term Investment
Regardless of the recent predicament; real estate is still a good, long-term investment. If you look back 30 years, real estate is still valued much higher than it was.

If you are thinking about purchasing a home in Central Oregon, it is important to put your trust in a trusted real estate agent who can help you in the ever changing dynamics of the real estate market. They often know when properties are about to go on the market and may have a lead on a short sale property that can be a great buy.

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