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Showing posts with label properties. Show all posts
Showing posts with label properties. Show all posts

13 July 2011

Real Estate Leads in time of Recession

The economic doldrums must have been very difficult for the real estate industry and the real estate agents. Even the banks and property owners with house mortgages are not exempted from the bitter reality of the great recession of the 21st century.

While a lot of home owners, real estate builders and real estate agents suffered a big blow in this negative occasion, others thrived because of the money they have saved. This gives the thriving public purchasing power. Moreover, some real estate business still managed to perform as top producer 8i. Their listings of properties available for sale increased because of foreclosures and voluntary revocation in the part of the home owners.

Real estate companies have become very robust and creative with their marketing to attract buyers and real estate agent to sell on their behalf. Their goal is to stay afloat and dispose as many properties in their lists to the public. Despite the economic situation, it has brought about a window of opportunity for others to acquire these properties in a much lesser and affordable price.

The situation in the real estate industry is still very volatile. Real estate companies are still cautious with their future projects and keeping their business thriving in this harsh time.


29 April 2011

Retirement Plans

"I cannot work forever!" That's what I told my husband recently as we sat side by side and discussed our future plans. We have to admit, we're still at our prime but I want to strike while the iron is hot. I don't want to save when it's too late or when we're too old where most of the money we have will be used for medication and treatment. I definitely want a windfall that will help secure our future.

I don't have any lofty dreams. I just want to build a house on a reasonably sized lot with trees and foliages. I want to have one or two businesses on the side to help bring in income even after my 9-5 day job. I want to be able to still enjoy the luxury of travelling and see the world as what we are doing now. I want to have a simple vehicle to take me here and there. I want to have a comfortable life. But I definitely don't want to work as an employee again. That's all.

I know the time will come when I have to finally leave the corporate bondage. I feel the time is the distant future but not to far from now. I can still see myself working until I'm 45 but that's about it.

So, as early as now, my husband and I are trying our best to invest on properties so we can sell them off later on. So far, we have managed to acquire 3 properties over the course of 2 decades of enslaving ourselves to the corporate bondage. We sold the other property so we could purchase the 3rd one. Our last project will be the house of our dreams.

Another 5 years won't hurt to save more money. But we have to be wise now. Save now and enjoy later. That's our retirement motto!

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