Happy New Year and welcome to 2014. 2013 could turn out to be a pivotal year in the slow but sure turn around for the US economy. Stock market was up considerably, real estate market had a rebound year and the Fed is finally starting to ween us off of the stimulus by reducing the buy back by 10 billion per month. Hopefully 2014 will continue the turn around. Interest rates remain reasonably stable for mortgages at around 4.25% making it affordable to take out a loan.
For our valued clients considering purchasing another investment property or constructing a 1031 trade to another property please contact us and we would be happy to do a rental analysis for you to determine what your new property will rent for. We are always here to help.
Tip Of The Month:
Both a blend of stocks and real estate are the way to successful wealth building. Keep your eye on the ball and keep grinding away. Make the world a better place, help out your fellow man whenever and wherever you can.
Have a great 2014,