OVER 300 OPEN HOUSES THIS WEEKEND!

Real estate now offers superior ROI compared with other common investments

Real Estate Offers Leading ROI

Jack Conway, Realtor is throwing the doors open to more than 300 of its listings this weekend, April 21-22. The company anticipates heavy traffic all weekend, as the spring market in Conway Country has been off to a strong start.

“We are seeing more than the typical seasonal interest in real estate,” said Conway CEO Carol Bulman. “Our own company is ahead of last year in Under Agreements by 25 percent – those are homes contracted to purchase. Customers are realizing this is a great time to buy.”

Experts including Warren Buffett are calling single-family homes a very attractive investment right now. Speaking on CNBC’s “Squawk Box”, Buffett said he’d buy up “a couple hundred thousand” single family homes if it were practical to do so.

With interest rates below 4 percent, and prices even lower than a year ago, buying power is at an all-time high. Consider this from Barron’s:  “The National Association of Realtors Housing Affordability Index measures how much purchasing power a median-income family needs in order to buy a median-priced home, using conventional mortgage financing. This measure stood at 206 in January, which meant that the typical family has more than double the income needed to purchase an average home. That reading is more than twice the 102.7 at the peak of the bubble in July 2006.”

FIND OUT THE FACTS ABOUT A PURCHASE AND RENOVATE LOAN!

A young couple reviews a blueprint

Purchase And Renovate With One Loan!

If you find the home of your dreams, but it just needs a little extra work to be perfect, Conway is hosting a free seminar about the Purchase and Renovate Loan on Saturday, April 21 from 9-11 a.m. at the Conway Lakeville office at 10 Main Street.

“That’s a great product; with minimum down payment and one mortgage, you can really have the home of your dreams,” said Bulman. “It’s very simple, and a popular choice for homebuyers right now.”

Seating is limited – email registration to lakevilleoffice@jackconway.com or, for more information, call Dennis Lilla at (508) 946-2290.

Whatever your home buying dreams, make sure to check out Conway’s list of Open Houses, and stop by for a chance to win a $100 gift card. To find out more, contact a Conway agent in your town today.

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