Here is an excerpt from an article buy the John Burns Real Estate Consulting. They focus mainly on supplying data for builders though I thought this article was relevant for Landlords looking to purchase investment properties in the Princeton area. Enjoy!
‘Keep Your Eye on the Upside: Though a robust recovery seems unlikely, the seeds have been sown for a for-sale housing recovery. We currently have modest job growth, low construction levels, low home prices and a government-engineered 4.5%+/- mortgage rates and 3.5% down payments for first-time buyers.
The key to making smart decisions is to think strategically, and make informed decisions. Successful strategies vary widely based on your 1) core competencies, 2) your geographies, and 3) your appetite for risk. Define all 3 of these, focus on them, get the facts, and make some great investment decisions!’
To read the rest of the article follow the link below. If you have any questions or would like to look at potential rentals in the Princeton area call me. (c) 609-977-5343. – Julie
