Think-Realty-Magazine-May-June-2019

BUSINESS FUNDAMENTALS

LONG-TERM INVESTING

Spring into Real Estate Growth OPTIMIZE YOUR INVESTMENT ACTIVITY NOW FOR LONG-TERM FRUITION.

by Carole VanSickle Ellis

I

f daffodils are blooming in the yards of local listings these

investment properties, May is the month where would-be investors decide to postpone getting started in real estate until summer is over. Bad move, folks. Very bad move. Sure, getting started now is going to mean you are entering a competi- tive market. There is an established, recognizable trend indicating more retail buyers make their move to a

new home during spring than in other seasons. There is certainly some innate advantage for homeowners listing their homes in the spring. As Lawrence Yun, a chief economist and senior vice president of research for the National Association of Realtors, observed somewhat euphemistically at the end of Q1 2019, last spring’s price peaks caused “homeowners

days, then you may be considering making a horrible real estate in- vesting mistake. Thanks to the toxic combination of media headlines proclaiming the “spring home-buy- ing season” is upon us and mis- conceptions among new investors about just how to find good deals on

52 | think realty magazine :: may / june 2019

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