Should Georgia Real Estate Investors Buy Now ... or Stay on the Sidelines?

Many real estate investors might avoid “flipping” a house right now, buying it with the intent to renovate it and sell it quickly for a profit. While the purchase might be a bargain, selling the house in a slow market can take longer than expected. Clearly some investors are playing the waiting game.

But when will the market actually hit bottom? Or are we at rock bottom now? Will things pick up in the spring when house hunters traditionally hit the streets?

If you’re looking to purchase property for the long term — whether a residence or as rental property or commercial property — this might be the ideal time to buy, even if prices haven’t hit their low-point. Why?

Home prices have already dropped considerably, meaning bargains exist today. And — as with the stock market — there's no way to tell when those prices hit absolute bottom. Only looking back will we be able to say when the low point occurred. By that time, prices will be going up again.

Investing in the right Georgia real estate just before prices hit their low means you can still find quality properties. And if you’re a long-term investor, you will likely be selling for a considerable profit when the time comes.