Location and Timing
There is an old saying about the three crucial factors in determining value in real estate - location, location and location. Actually, there are also three more factors - timing, timing and timing!
Real estate values tend to go in cycles, with property values reflecting what is going on in the community. If the local economy is doing well, prices tend to increase. During an economic slowdown, prices tend to stabilize or decrease. People who have done very well with real estate over the years have great instincts about when to buy and sell. They have mastered the art of buying when the market is on the way down and selling when it is on the way up, without a lot of concern about whether they made the best possible bargain in the transaction. They understand that investments are long-term, so it may take years for a rental property to turn a great cash flow or for the equity to become substantial. In the real estate business, timing is absolutely crucial.
No one knows the North Georgia real estate market like we do! Contact us through our web site, call us at 706-310-0070, or email us anytime if we can help you.
For more helpful information and an additional forum to discuss Georgia Real Estate topics, visit our Georgia Real Estate Blog.
Seger Realty, Inc.
1071 Jamestown Blvd.
Suite D-4
Watkinsville, GA 30677
info@segerrealty.com
706-310-0070 office
706-310-0303 fax