Sunday, February 18, 2007

Top 10 Reasons to Invest in TEXAS!

1. Low Interest Rates - (currently we all have historically low interest rates - a great time to buy/invest).

2. Buyer's Market - (the local Dallas, TX area is still in a Buyer's market - a great time to buy/invest while prices are still low).

3. Price Discounts - (some local Builders and Sellers are accepting price discounts for investors).

4. Low Closing Costs - (local Builders and Sellers sometimes pay part or all of the Buyer's closing costs).

5. Stable Economy - (the Dallas, TX market has a very stable economy and real estate market).

6. Growth - (the Dallas, TX market is currently experiencing very strong growth - supported by population growth, new employment, road construction, commercial/residential construction, etc).

7. Timing - (many parts of the U.S. have already peaked in price and investors are selling at a profit to re-invest their $$$ in the Dallas, TX market; a.k.a. Buy Low, Sell High... then Repeat).

8. Rental Rates - (the Dallas, TX rental market supports favorable rental rates to generate cash flow. e.g.: a typical $150k SF home rents for $1100-$1300/mo. And property taxes are being reduced again in 2007).

9. Property Management - (access to full-service property managers offers you freedom of time and worry).

10. Killer Resource - (you have found an investor-savvy Realtor team that makes it all happen for you)!



And, if that’s not enough reasons, here’s a few more…

· Texas enjoys being the 1st or 2nd top state in the U.S. for NET influx of people!

· A 2006 article identified the Dallas area as one of the 2-3 most undervalued cities in the U.S! No real estate bubble here in our local market!!!

· Texas is very "landlord friendly."

· Texas has one of the best "Affordability Index" ratings, which means more residents (over 60%) can afford to rent / buy compared to most cities.

1 comment:

Anonymous said...

Good for people to know.