Real Estate Investing, Wilmington Triathlon, Breast Cancer Awareness

Low Rates, High Inventory: A Good Time for Investing?
According to the Reuters news service, "Mortgage applications for home refinancing loans rose for the first time in six weeks, with demand jumping to its highest level since late August as homeowners reacted to record low interest rates, data from an industry group showed on Wednesday."

Home mortgage rates (averaging 4.15%) are some of the lowest on record. Combine that with a large inventory of homes for sale plus a demand for rentals and you have all the ingredients for a great time to buy an investment property.

Purchasing an investment property sounds intimidating, and it’s certainly not for everyone. As with any investment, the best approach to investing in property is to do your homework. Get your finances in order, be clear on all the costs involved, and get pre-approval so that you will know what type of property you can fit into your budget. 

Also, Know Your Time Line. Short-term or long-term both have their advantages and disadvantages. If you think you're ready to take on the challenges and reap the benefits of investment properties, contact your financial adviser. Together you can run the numbers to see if this is the kind of investment that could help you reach your financial goals. 

Lastly, Develop A Good Relationship Your Real Estate Agent. That's me! I can find homes to fit your investment requirements faster with my extensive network of contacts than searching on the internet or the newspaper. Give me a call to discuss what you're looking for and where. I can even help you find an agent in other states!

2010 Wilmington YMCA Triathlon

Me and Nicole Ferguson Post-Race 2010

On Saturday, September 25 I did the Wilmington YMCA Sprint Triathlon again. There were over 1,300 participants in the largest single distance, one day event held anywhere between northern Virginia and Florida. I finished 189th and dang proud of it! I completed the race in 01:40:14 shaving 20 minutes off last years time! The weather was gorgeous and I had a blast doing it with so many of my friends and coworkers. The date for next years event is being decided so why not get your TRI on and start training?!

October is National Breast Cancer Awareness Month

National Breast Cancer Awareness Month educates women about the importance of early detection. More and more women are getting mammograms to detect breast cancer in its earliest stages. As a result, breast cancer deaths are on the decline. Encourage the women in your life to get mammograms on a regular basis. For more information, visit the National Breast Cancer Awareness Month website or the Susan G. Komen Foundation website. If you need to find a screening location near you, please visit here.