Dow breaks 10,000 today!

What a good sign for the housing market and everyones stock portfolios that the Dow broke the 10,000 point mark today. Their must be some consumer confidence slightly building to back some of the retail numbers out there. There are still some great values to be had in the general & emerging markets.

Just like the local real estate market here in Wilmington & area beaches. Several condos at Carolina Beach, second row & one block to the beach, have sold or are pending around $400,000. Similar units of size, rooms and age were sold at $900,000 in early 2006.

That's over 50% off. As a long term investment, let's say we make it back 30% in 10 years, 3% per year normal market value increases.

Purchase price...$400,000......10 year investment.....2019 value...$520,000. Hence, acquired equity of $120,000. And you've had 10 years across the street from the beach!

Call me to check out these great values! 910-619-6174

Check me out on Trulia!

Hey guys - view my real estate profile on Trulia.com.................one of the largest real estate search engines on the web today.


http://www.trulia.com/profile/id/225557


Here it is! Tell your friends and family!

The deals on bank owned and foreclosure homes are out there for the taking!