Friday, March 2, 2012

The Seattle area real estate market is heating up.

Warren Buffett is praising buying investment properties. 

What you might not be seeing in the news is that the Seattle housing market has changed.  We've been seeing multiple offers this month on nearly EVERY single transaction.  It seemed as though it  changed overnight, once the New Year began..  Please call us if you want to discuss a real estate investment or know someone wanting to sell their house. North King County does not have enough homes for sale right now – so please spread the word and let us have a chance at becoming the listing agents.

WARREN BUFFETT QUOTE
February 27th, 2012 on CNBC

Well, if I thought I was going to live— if I knew where I was going to want to live the next 5 or 10 years I would— I would buy a home and I’d finance it with a 30-year mortgage, and it’s a terrific deal. And if I— literally, if I was an investor that was a handy type, which I’m not, and I could buy a couple of them at distressed prices and find renters, I think that’s— and again take a 30-year mortgage, it’s a leveraged way of owning a very cheap asset now and I think that’s probably as an attractive an investment as you can make now.

http://www.cnbc.com/id/46541258

 

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