The recession is over, but is it all smiles from here?
Its official we are now out of recession, while this may be great news for the economy it marks the beginning of the end for those wishing to benefit from the current low house prices and inflated rental incomes.
It’s clear that potential investors will be kicking themselves in 5 years if they miss out on the current bounty of low cost housing, so has the housing market gamble now turned into a sure thing?
Positive reports out, with the Centre for Economics and Business Research, predicting that prices will rise by more than 6% this year and by a total of 20% by the end of 2013 – which would be a very strong bounce back!
For investors buying over the last 5 years, who are currently enjoying low tracker mortgages, this will be a very positive bounce back.
That is why buying in 2010 is a must, to make the most of some of the best market conditions for the last 5 years!
To be able to buy property 10% below the peak values, and at a further 20-25% below this, due to our negotiating skills, means you will have huge amounts of equity from day one, and this will be further boosted within 3 years time…giving you a quite phenomenal return on investment.
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Tags: brown, investors, recession is over
