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Right now, purchasing residential real estate [including in Sedona, AZ] is “the best deal investment you can make,” according to billionaire and financial guru John Paulson, who was recently interviewed at Delivering Alpha conference presented by CNBC and Institutional Investor.
Here is why real estate investors should pay attention to John Paulson:
According to the Wall Street Journal, Paulson is: “A hedge fund tycoon who made his name and a fortune, betting against sub-prime mortgages when no one else even knew what they were.” As a result, investors now clamor for Paulson’s take on the latest on what are the latest, most realistic housing market trends.
So property investors who want to make money in real estate should, Paulson said, “buy a primary residence that you’re the owner-occupier of.” He continued stating, “Today financing costs are extraordinarily low. You can get a 30-year mortgage somewhere around 4.5 percent. And if you put down, let’s say,10 percent and the house is up 5 percent, which is the latest data, then you would be up 50 percent on your investment.”
Finally…it is a good market for buying a home. So wary investors who have been waiting on the side-lines for the real estate market to improve should not waste this timely opportunity to build equity through real estate.
If home buyers need to decide where exactly to live, they might want to search the best cities and towns in America. Several magazines including The Smithsonian Magazine and Conde Naste include a “Best” list. In fact, both magazines included Sedona, AZ in their articles listing of the best small towns in America.
Here’s why.
- The power and beauty of the Red Rock Mountains
- Extensive trails with breath-taking views
- Excellent restaurants
- Unique shopping
- Gorgeous homes
- Active, friendly life-style
These are just a few of the reasons Sedona, AZ makes the list of exceptional towns in America. Savvy investors with a quick Google search can learn more about what Sedona and Sedona real estate offers them.
Click here for important information about Sedona
Whether or not investors choose Sedona as their new home, they should take advantage of this unique time in real estate to build long-term profitable returns from a sensible residential property purchase.
Release ID: 67529