Dallas & Fort Worth Real Estate Investment Markets Silver Lining
"With all the doomsday news about the housing industry and the mortgage industry surely the sky must be falling", says Chicken Little! I will not dispute the fact that the housing industry is in turmoil and the mortgage industry is tanking... these are indisputable facts. The propblem though with the average news report is that they do not go far enough to see the silver lining! For those daring few that seek real estate investment as a way to create financial freedom in thier lives then I believe they can see more than just a little silver come their way!
We are all taught that when the market is down we buy and when the market is up we sell! We are hearing the news - The market is down! SO BUY, BUY, BUY!!!
For the real estate investor there have been few times in recent history that have been better than this. I caution you to still be careful as you go bravely into that dark night. You need to surround yourself with professionals that can help you navigate through the murky waters of foreclosures, distressedhousing and builder blowouts! People will take advantage at every corner so buyer beware!
The bottom line is this -
The Fort Worth Housing Authority just opened up their waiting list of people who want to be on section 8 and their are now more people than houses.
The Dallas Housing Authority is in the same shape.
Their was recently an article in the Dallas Morning News that asked the question "Where are they all going to live?" 30,000 units short of affordable housing with more people moving in all the time.
Now is a great time to look at investment opportunities in the Dallas/Fort Worth Area. If you need help navigating give me a call I would be glad to help.
Posted by bkleinhe at 09:57 AM
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