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Your Third Quarter Market Update

Sunday, November 24, 2013   /   by Doug Leugers

Your Third Quarter Market Update


 

 

 

Welcome to my video blog. I am here at the biggest and best real estate conference of the year put on by the National Association of Expert Advisers. We spend a week here in Dallas, TX discussing the best overall strategies that help you buy or sell your home. 

Today, I wanted to give you a third quarter update. So what’s happening in the market? Since January of 2011 the home sales have steadily increased. 

I get asked all the time about what’s going in the market, but what’s equally as important is why is the market doing what it’s doing. In a recent survey, the top 5 reasons someone buys a home was determined. 

  1. A better place to raise their children.
  2. A place their family can feel safe.
  3. Ability to have more space
  4. Freedom to renovate to their taste.
  5. Owning is a better investment.

I wanted to talk a little bit more about that last one. Did you know that owning is 35 percent cheaper than renting? Plus investing in real estate is way more profitable than the stock market. 

Homes prices have increased 12.4 percent. If you have $100,000 you want to invest, in the stock market you would spend that $100,000, in real estate you would probably only put down a payment of $10,000. Thus your return rate skyrockets.  

This is a huge window of opportunity for you. The Federal Reserve has been talking about tapering off on the bond purchasing. When this happens, interest rates will increase.  In fact rates are expected to increase at least by one percent in the next year. 

Now is the time. Make your move. If you have any questions, please give me a call.

Leugers Group
Lona Leugers
1625 SE 46th St, Suite 4A
Cape Coral, FL 33904
239-398-3131
Licensed Florida Broker Associate
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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.
2019 Royal Palm Coast REALTORĀ® Association. All rights reserved. Information has not been verified, is not guaranteed, and is subject to change. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Florida Gulf Coast Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than eXp Realty IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: 11/18/2019 6:29 AM CST
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida Multiple Listing Services. Properties listed with brokerage firms other than eXp Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2017 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact eXp Realty Data last updated 11/18/2019 6:29 AM CST.
Ā© 2019 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.11/18/2019 6:29 AM CST
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.