This is a rewrite of the original blog post on this website but it has never been more true than today.
What if we solved the housing crisis ourselves – without the banks, without the corporate homebuilders and without the high prices? Who says you need to beg for a mortgage to buy a cookie cutter house that the Homeowners Association won’t let you touch and then be a slave to all of the above for the next 30 years!
I was on the phone the other day researching the land market with a small local builder. He was an older guy who had come back out of retirement to take advantage of the improving home building market in his area. The one comment he made that caught me off guard was, “the market is coming back dramatically.” He told me he sold 5 new, custom homes in just the previous month.
Now this particular, local homebuilder doesn’t buy land and build speculative homes for sale – yet. Right now he is only building homes for people who already have property. He wants to give the market another year or so before he says he will feel comfortable buying property and building spec homes for sale.
Well, if you’re reading this then you are in the majority of people who begin their search for property on the internet or a land listing website like this one. This statistic isn’t surprising because in this day and age most consumers begin their searches for property on the internet. In fact, , in a February 12th post, LandThinkPulse publishes a survey that bears this out.
So we get it that you’re upset you missed selling your property 5 years ago when it was worth considerably more. We speak with people all the time who express this feeling. “Five years ago my property was worth (considerably more than today) so how can I sell it now for (considerably less) and lose all that money plus what I paid in taxes?I think I’ll just hold on to it until prices come back.”
But isn’t that the same thing you probably said during the last downturn and yet still didn’t sell when the market was up five years ago. You see land prices, as well as all real estate, goes in cycles. An up – down cycle is about 8 – 12 years with the down part usually lasting about 5 years.
Well, for one, we would here at LandForSaleStore. In addition to this blog and listing for sale by owner properties we also buy and sell land ourselves. We routinely send mailings to land owners around the country looking for motivated sellers. If you have a property you really aren’t interested in anymore, for whatever reason, give us a call at 1-888-205-6090 or email us at email@example.com.
Who else wants land? Other buyers are as many and as varied as the stars in the sky. If you have land to sell, don’t fall into the trap of thinking everyone is just like you and thinks of land exactly the way that you do. They don’t and what you need to do is get your property in front of as many people as possible to find that one buyer who falls in love with your property.
So here we are at the beginning of yet another year. But will it be any different than any of the past few years? And what will happen to property prices? Is now a good time to buy?
All good questions. The National Bureau of Economic Research officially declared the end of the recent recession was in June of 2009. Sure didn’t seem like it for the next few years after that but things finally seem to be gaining a foothold and in some cases showing improvement.
Well, in the last few months this blog has been inundated with spam, spam and more spam. For the few of you with legitimate comments we apologize. However, we do go through most of the comments and the ones that seem legitimate have been noticed and we thank you for those. As this blog is relatively new and still evolving we take all comments to heart in an effort to continually improve it. Your participation regarding land with comments or content is welcome.
Property prices in most areas of the country seemed to have bottomed and in some areas things seem to be ever so slowly improving. If this is the beginning of the usual up part of the cycle then this is a good time to own real assets such as land. A rising tide lifts all boats so an improving economy will only help land values.
So everyone says stocks, bonds, the euro, in fact the world economy is shaky so where do you put your money? The common answer has been real assets like gold and silver and possibly real estate. But what better asset is there than land. Even if you buy real estate the value of it is determined by its location or the land it is sitting on. [Read More...]
What if we solved the housing crisis ourselves – without the banks, without the homebuilders and without the high prices? Who says you need to beg for a mortgage to buy a cookie cutter house that the HOA won’t let you touch and then be a slave to all of the above for the next 30 years! [Read More...]