Sandbridge Real Estate Net

Sandbridge Real Estate and the Stock Market

Owners of property in Sandbridge can take some comfort in the bad news on Wall Street. One group of Baby Boomers are tired of the uncertainty & risk associated with the stock market. Over the last 7 months, many of my Sandbridge Buyers have commented that they have taken money out of the market to buy their beach house.

They’ve said: “We can understand and enjoy this investment”,  “ This can be a legacy we leave to future generations of our family”, “Home prices are low, now seems a good time to buy”. “We have taken too many beatings in the market”.

Two of my recent sales were all cash purchases. The annual net income of these houses will be used to pay college tuition bills. This CPA and her successful entrepreneurial husband have a great track record of making the right financial call.

This entry was posted on Tuesday, June 19th, 2012 at 3:49 pm and is filed under Buyers, Sellers. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.