Wake Forest, Raleigh and Cary real estate and homes for sale in North Carolina - The Scott Hoffman Team, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
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Real Estate Tips
Investment Real Estate >Investment Strategy

Real estate agents can provide you with information about how the local market has performed historically, in order to help you work out a strategy for investing in real property.

Historically, real estate has been a superb long-term investment. Many people have created fortunes on short-term investments in hot markets. Remember that the local market will be influenced by factors beyond your control, such as interest rates, economic trends, local employment opportunities, and the demand for and availability of rental housing. All of these factors are subject to change, so timing is crucial. A slow market can mean real values for buyers, but a fast market could heat up for several years, pricing timid buyers out of the market. Your real estate agent can't predict the future, but he or she can help you interpret the present.

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Real Estate Trivia
Q 
What are the world's most valuable chairs?

A 
A pair of Chippendale chairs designed by Robert Adam sold in 1997 at Christie's, London to an anonymous buyer for $2,762,330.
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The Scott Hoffman Team, REALTOR®, real estate agent and broker for Wake Forest, Raleigh and Cary, North Carolina home listings, property and land for sale - NUMBER1EXPERT

The Scott Hoffman Team
Coldwell Banker Howard Perry and Walston

9051 Strickland Road
Suite 200
Raleigh, NC 27615
Phone: 919-877-8921
Voice Mail: 919-990-3213
Fax: 919-882-9080
scott@scotthoffman.com

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