Now in the second month of 2014, home price appreciation is beginning to “normalize.” Last year the housing market was definitely headed towards a home appreciation bubble, as we saw investors eager to outbid first time home buyers. The last few months have experienced a decline in that scenario, and we are predicting a 5% home price appreciation rate within the next 12 months, especially in the Reno Sparks area.
Villacortas reports have been very accurate about this matter (though I am no fan of their valuation service). Keeping that in mind, there is opportunity for real estate investors and occupant home buyers alike.
Home mortgage interest rates have decreased this week despite the reduction of Quantitative Easing by the Federal Government. There is still plenty of opportunity to feather your wealth nest with viable real estate purchases.
For more information about the 2014 housing market, financial advice or to see more blogs click here:
Bruce Specter
CELL: (775)338-6915
OFFICE: (775) 824-3640 x126
http://www.summitfunding.net/bspecter
I have spent the past 20 years involved with real estate and finance.This after a successful career in marketing high technology, from writing guides for IBM to launching and growing a distribution channel for a Fortune 500 company.
Even in these trouble times for the banking industry, I truly enjoy what I do: work with people to develop sound real estate financial strategies, whether 1st time buyer, seasoned real estate investor or custom home builder.My best customer is one that gets involved and wants to make the best decision based on situation an requirement.
I am also very involved civicly.VP of Membership for the Nevada Center for Entrepreneurship & Technology (www.NCET.org) having been on the Northwest Neighborhood Advisory Board, EDAWN Intangible Business Advisory Committee,Reno/Sparks Association of Realtors Technology Committee,Committee Chair for several events for Rotary, Founder of the Somersett Small Business Alliance, former President-Elect of the Nevada Association Mortgage Professionals, just to name a few.
Bottom-line, I take what I do seriously, make sure family comes first and do the right thing.Life is good!
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