Monday, April 11, 2011

Fortune Magazine - It's Time to Buy Again

That's right. In a recent article in Fortune Magazine, the author says:

"Forget stocks. Don't bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing."

You can read the article for yourself to decide if you agree with his fundamentals. One thing that I am seeing a lot of in Atlanta is multiple buyers bidding on the same house. In the last three months, I've had 10 situations where my clients have been bidding against other buyers. These situations aren't for $40,000 foreclosures. They have been in all price ranges and in various parts of the city. My main takeaway - there are buyers in the market who are ready to buy when the deal is right.

Read the full article at: http://finance.fortune.cnn.com/2011/03/28/real-estate-its-time-to-buy-again/

Justin Landis
Keller Williams Realty Peachtree Road
404-803-0471
justin.landis@kw.com

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