If Not Now... When?!

When is the best time to buy something... anything? Uh... when it's the cheapest it can possibly be? Exactly!
Anyone who has watched the news in the last few years knows that construction has not rebounded in the most recent economic cycle like it had after previous recessions. Many times building has led the way out of an economic downturn by providing jobs and a market for many commodities and products. So why not this time?
Over-investment, excessive debt, too much leverage, people in over their heads.... the list is long! Depending on the source, there is plenty of blame to go around. Putting all blame aside, a once robust investment vehicle has been beaten down.
A reality check: right now, money is not making investors what it used to... in any market... yet. A look at many investment resources will show you there is uncertainty in numerous areas where people traditionally invested their money. As the street keeps saying: there's a new 'new'. So... what's the new 'new'? Maybe it's closer than you think, but cash is definitely not a solution for people who seek wealth.
If you're tired of watching your money do nothing, do some research on the building sector of the economy and you'll find that real estate is a good place to invest.... but think long term [that is, 5 years or more]... and you'll need to look in the correct housing markets. If you really want to seize an opportunity, properties in foreclosure provide fertile opportunities for value investors.
If you're in need of new home construction and/or remodeling... or are considering investment in distressed properties, you may want to look closely at what is happening in real estate right now. A prudent investor likes to 'buy low and sell high'. Let SkyTop Builders fill you in on what we see here in Western North Carolina. Send us an email at sales@skytopbuilders.net and we'll show you what can be done.... but timing is important. If you're reading this newsletter, you have to ask yourself: "If not now...when?"