For real estate investors, the slow-but-steady markets



This informative article comes from https://www.realtor.com/ that talks about some investing and where Cleveland fits in to all that.

"You can never know when a real estate bubble will burst – I happen to think it won't happen in 2019 – but in places like San Francisco, Seattle, Miami and Denver, caution is now the order of the day. If you own property in these spots and plan to sell, don't wait until the market has peaked. And if you're looking for a good place to put your money, you should consider instead the 20 markets we're listing here."
"At No. 5 on that list of 20 is Cleveland"

When you looking at any type of real estate to purchase and you want to see a nice return and equity. Cleveland has many surrounding cities that fit that niche. Let's face it Cleveland is one of the most affordable places to live in America!

The prices in Cleveland are not at the peak and the city is also growing in both population and jobs, good ones. Cleveland has both a large population of blue and white color jobs! That creates a nice variety of both tenants and home buyers. Our properties are 98% occupied and the only vacant ones we just finished rehab on. 



"• "Overlooked spots like Cleveland, Philadelphia and Kansas City appeal to me the most because you're more likely to find properties in very attractive locations, which in the end is what counts for a successful investment.""  

Downtown Cleveland is a very nice area lined with shopping, coffee house, and eateries by famous chiefs. I think I have tried about all of them and it was delicious. 

"The central bank's challenge is to manage a moderation in growth that keeps inflation contained but avoids a recession. It was a main topic at an annual economic conference in Atlanta this weekend that featured top current and former Fed officials."

Imagine the Feds do not want a red hot economy, rather a flat or maybe even a depressed market, sad really. The good news is that investors will always be buying good deals and most with cash. The mortgage market in my opinion will shrink and other options will become available for home buyers. 

One is IRA money that has created a lot of new money for home purchases. Banks will continue to loan, but not at the volume that was in the past markets. Remember when you opened up a bank account and got a new toaster? Maybe not forgot I am old! 

Inflation seems to be in check and interest rates will be modest in 2019. When you are looking to purchase real estate look at the Cleveland Real Estate market.

I have purchased 100's of homes in Cleveland for my clients and have all the services you will ever need for your property needs. Call me I'm Brett 2167-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona (great place to invest also)  




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