According to the 2012 National Association of Realtors® (NAR) President Moe Veissi, who served as Florida Realtors president in 2002, conditions have never been better to buy a home, In a recent radio interview, Veissi, says today’s real estate market has “less folks looking, less inventory and more contracts working. … We’re just now seeing appreciation in real estate prices in some areas of the country. … This is a wonderful time to take advantage of interest rates that are lower than they’ve ever been.”
In the interview, Vessi also quotes investor Warren Buffet’s outlook on the current real estate market: “Warren Buffet when asked where you should invest your money said, ‘If I had the capabilities, I’d buy 200,000 homes across this county … I think that housing in America today will outstrip the investment capabilities of the Wall Street blue chips over the longer term’”.
Click Here to hear the five-minute radio interview and stay on top of our local market with this FREE CUSTOM HOME VALUATION, including comparisons to other homes that have recently sold or are on the market.