Kelda's Blog

With all the news about the market, a lot of people are wondering if it’s a good time to buy or sell real estate. The news may have leaning towards no, but what’s the reality? Well, we live in a military town, perhaps “The Military Town” Fayetteville, NC (Ft. Bragg) and that really does change things a little. There’s no denying that certain factors undoubtedly determine desirable conditions for real estate investing. These factors include, but are not limited to, interest rates, foreclosures, number of homes for sale and favorable lending terms. What about the average American though? I don’t know about you, but most of the people I know, buy a home to live in it, and sell it when it’s time to move on, move up or downsize. Most of us aren’t real estate investors. We are people pursuing a dream of home ownership and its many benefits.

It’s true that for a pretty generous period of time, many people were able to take advantage of a booming housing market. Young families were able to move into their dream home at a relatively young age. Homeowners found themselves with enough equity to move to a nicer, bigger, more expensive home. Hopefully, they stopped there; hopefully they got in and got out without getting burned. If only the “Jones” would stop giving us so much to keep up with, and when exactly did the “Jones” become billionaires anyway?

That was then. Now? The bottom line is, the real estate market will always fluctuate, as will the market in general. We can’t have highs without having lows. Think about it, if any market was always great, always getting better….would it really be great? Or would it get totally out of balance? When the market was booming house prices were soaring too, eventually nobody would have been able to afford anything anyway. What goes up must come down. The market can’t ever cease to exist, why? Because there are always people who want to buy a house, or need to move and sell their house. Which brings me back to the significance of a military town; we have a steady supply of people on their way in, and on their way out. We are significantly less impacted by whatever is affecting the national scene. We also feel a very sincere responsibility to take care of those who are risking their lives to take care of us. Ensuring their best interests and ease of transaction is not something we take lightly. Enjoying a far steadier real estate environment then most other parts of the country is not something we take for granted.

If you or someone you know has a real estate need in the Ft. Bragg area, please contact Specialty Properties at (910)864-7299 or (910)977-2915 or visit us at SpecialtyProperties.net