HomeVestors KnowsThat It Is A Great Time To Invest In Real Estate

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Studies are pointing to 2013 as a great time to invest in real estate because prices have begun to stabilize.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that the air seems to be filled with good tides regarding the prospects of real estate investing in 2013. Demand is slowly catching up with supply, leading to a gradual reduction of inventories, and the rate of new foreclosure cases is decelerating. These are all indicators of a housing market that is on the verge of hitting rock bottom. If the numbers are right according to Fitch Ratings, this historical event is projected to happen towards the end of 2013. There couldn’t be a better time for investors to start buying because soon these deals will be a thing of the past.

There have been figures that have been trickling in throughout the year to support the rock bottom hypothesis. According to the National Association of Realtor’s quarterly report, real estate prices rose in 74 out of 146 major metropolises in the first quarter of 2012. This was a dramatic surge considering that real estate prices only rose in 29 out of the 146 in the last quarter of 2011. The same report showed that inventory supplies shrunk by 22% in the first quarter of this year compared to a year ago. This evidence further bolsters the case for a market where real estate prices are stabilizing.

Still not convinced? Well consider this report from Fiserve that shows a dramatic rise in real estate values since the worst days of the real estate crash in 5 of the most hard hit cities during the market bust (Merced Ca, Napa Ca, Daytona Fl, Ocala Fl, and Vero beach Fl). According to the report, Merced led the pack with an impressive 10% rise in real estate values, closely followed by Napa registering 9.7%. Ocala scored 9.1%, Daytona 8.8%, and Vero Beach 8.1%. These local markets should have stabilized this past summer and are expected to rise at an average of 4% per annum, for the next 5 years.

These numbers in themselves are not telling the whole story but should be enough in convincing an investor that real estate prices are stabilizing and better days are indeed ahead. The prospect of real estate investing in 2013 is rather promising. When taking into consideration the currently prevailing record low interest rates, a strong case can be made that now is the time to buy. From this point onwards, not only will prices seize to spiral downwards but interest rates will begin to rise

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.

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