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April 17, 2015

LOCATION, AND……..

“Location, location, location.” It’s an old adage in real estate. And before 2007, it was a pretty good predictor of a property’s success.

Now we know the adage needs to be: “Location, and … Timing.”

The real estate market runs on a cycle, and the good news for real estate entrepreneurs is that the cycle has now turned up:

  • Financing is readily available for user and investor properties
  • Lenders are now competing for new loansMarket Cycle Newjpg
  • Rents are increasing
  • Sellers are receiving multiple offers, driving up prices
  • Land for new development is selling well

Both buyers and sellers are jumping into these favorable conditions. The Thomas Duke Company has booked nearly $75 million in transactions in just the first three months of 2015. At the moment, buyers are outnumbering sellers, and we’re running out of properties to sell.

Timing the market cycle to meet your goals is never easy. That’s why we’re here. We can help you weigh all the variables and tap into the cycle’s timing to bring you to your real estate goals. Contact any member of our team today. We look forward to working with you.

Steven Valli (svalli@thomasduke.com) or Frank Rakipi (frakipi@thomasduke.com)

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