Phenomenal…
Opportunities Abound…
Amazing Values…
Greatest Midwest Location…
These are just some of the words and mantras that we, not just the Real Estate Industry, but homeowners, homebuyers and investors need to remember and repeat to ourselves everyday. We need to stop being discouraged and down-trodden by the media who sensationalize how bad the housing market is, to the point we don’t hear any other voices. Despite the hype several businesses are actually doing well… why? Because key leadership have told their employees to not watch the news and not be influenced by their one-sided reporting.
Therefore, our industry believes it is important to be heard over the constant drone of negativity. Our leadership needs to shout about the amazing opportunities that everyone has right now for home ownership!
Here are the facts - Positive and Phenomenal facts that rise us above the nay-sayers…
-You can borrow money! There is money available for homes, cars, student loans!
-Mortgage companies are thriving and surviving and have money to lend!
-Mortgage rates are the lowest since …. Since EVER! Can you even remember what distant President was in office when rates were this low???
-Property Taxes are very reasonable - some of the lowest in the country.
-Construction costs to build a new home are down.
-Our home values haven’t taken a major drop here in Indiana nor were hit by some huge housing bubble, like other markets in the US.
-And instead of seeing the increase in bank owned homes as a negative - let’s look at it as an awesome opportunity for first time homeownership and investor purchasing.
-First time homebuyers can actually purchase bank owned properties that may or may not be in need of repair with FHA loans!
Sure the days of getting something for nothing may be gone. So you have to have a little money down in order to obtain one of the biggest investment’s in your life, but isn’t that what made America great to begin with - hard work and saving in order to achieve the American Dream.
According to the Indianapolis Metropolitan Board of Realtor’s as of the end of October, 2008 already over 25,800 properties have SOLD so far this year! You can decide how to look at this information - half full or half empty. We choose to see the wonderful FULL value of home ownership… How it can build a family, a community, a thriving neighborhood business or affiliation. Indiana is still one of the most affordable and best places to live, work and raise a family. So next time the news or radio comes on with their gloom and doom perspective, do yourself a favor - Select the Off Button! Published in the southsidealliance.com - Indianapolis