Family Communities Like Gilbert Are Very Desirable

Category: Finance, Real Estate.

While most of us would love to have an extensive portfolio of investments, the reality is that most of us use our homes as our primary investment vehicle.

Arizona is one of the best states for real estate investment. And that s a good thing: real estate tends to be one of the safest and most reliable investment tools around- far more predictable than stocks and bonds. There are a number of cities and communities around Phoenix that have increased substantially in value and are still increasing. Investing in these more affordable communities serves a completely different purpose. There are communities that are geared towards high- end investment, and then there, like Scottsdale are some communities that are more affordable, like Gilbert. For instance, Gilbert is a family friendly community. There s a very active and growing business community.

This community is built around equestrian and hiking trails, fishing and boating, golf courses. Because Gilbert is so affordable, it s a great community for investing, especially for people that may not have considered themselves as real estate investors. In fact, last year 40% of all home sales were for investment purposes. More people are buying second homes for investment than ever before. In part, more people are able to afford to invest in second homes because there are so many great mortgage options. Add in the rental income from the second property, and your mortgage may pay for itself. Second home buyers are able to find an affordable Gilbert home, and yet still continue to pay their first mortgage.

The growing business climate encourages people to move to Gilbert. Whether you are considering a condominium or town house, or a single family home, there will be a rental market. There are a variety of businesses expanding operations to the Gilbert area, creating a demand for rental housing. When you factor in the appreciating values of the home, you could find yourself with an investment property that doubles in value within 10 years. If you decide to sell the property you are sure to find buyers. Family communities like Gilbert are very desirable. Your first step to invest in Gilbert real estate is to discuss the situation with a qualified mortgage consultant.

Next, sit down with a real estate agent and find out more about the wonderful opportunities for homes in Gilbert. You ll find out just how affordable purchasing a second home can be. Before long you ll be watching your equity( and your investment) grow.