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Investment Strategy
Realtors can provide you with information about how the local market has performed historically, but they can't predict what the market will do next month or next year.

Historically real estate has been a superb long-term investment, and many people have created fortunes on short-term investments in hot markets. If you are considering an investment in real property, ask a Realtor whom you trust to help you work out your strategy. Remember that the local market will be influenced by things beyond your control, such as interest rates, economic trends, local employment opportunities, and the demand for and availability of rental housing. All of these factors are subject to change, so timing is crucial. A slow market can mean real values for buyers, but a fast market could heat up for several years, pricing timid buyers out of the market. Your Realtor can't predict the future, but he or she can help you interpret the present.

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