Market Timing!

MARKET TIMING!

THE DOOR TO RICHES

If we had cashed out of the stock market last September we would have protected the $70,000 drop in portfolio value. How do we know when to get out? More importantly, how do we know when to get back in?

Stock markets move up very quickly. History shows that stock market prices move up faster than they fall. Timing the market is every investor’s dream. Few ever come close to succeeding. Can you predict the future?

The same is true of the real estate market. Opportunities abound right now to buy homes, offices space and more at greatly discounted prices compared to 2 years ago. Add to that, discounted loan interest rates and you have a rare opportunity to buy today.

First time buyers can benefit tremendously now! Also, current homeowners desiring to move to a larger home or better neighborhood have a tremendous opportunity. Homeowners might sell their current home for a little less than in prior years, but they can buy the next home for a lot less (example: you sell your $175,000 home at $10,000 less than you might 2 years ago and you buy $350,000 home at $20,000 less than you would have paid 2 years ago).

A well know Columbus real estate developer made his first fortune during the great depression by buying homes at half the previous values. A similar opportunity exists now. The opportunity window will close quickly when it starts to close. Take advantage now.


Current Columbus Ohio Real Estate Sales Stats

February 2008 2007 % change

Single family homes sold 1,244 1,378 -9.7%
Average sale price $167,590 $176,130 -4.8%
Days on market 117 116

Condominiums sold 190 245 -22.4%
Average sale price $146,200 $140,610 +4.0%
Days on market 144 132


Jim Lubinsky
Re/Max Affiliates
614-766-5330 ext 119

www.jimlubinsky.com