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Now, more than ever before, the Cascade area is a fantastic place to invest in real estate. Location has always been the key component when selecting a home and the Heartland region offers an incredible array of homesites that are equal to, and often surpass, those of any other mountainous region in the country. In addition, the benefit of the very low prices available in the current buyer's market and the range of home styles to choose from make it both possible and probable that any buyer will find the house of his or her dreams.
The geography of the area offers a range of choices, from wide-open spaces in Long Valley or Meadows Valley to sweeping vistas from the surrounding mountains; secluded glens in mountain meadows, water-front properties along rushing rivers or streams; or lakeside retreats complete with boat docks. You can choose a home within the resort areas that surround Lake Cascade and Payette Lake, where you will have amenities close at hand, or find glorious seclusion in a home site nestled in a wooded area or meadow away from the water's edge. If you are looking for a grander lifestyle, there are magnificent estate-sized properties available in upscale developments scattered throughout the Heartland, ranging from a few acres to a few hundred.
If you are someone who longs to invest in a new home and have the means to do so, no time could be better! There are significantly reduced prices in the Cascade area especially on distressed properties like foreclosures or short sales, as in the rest of the country. The lower end of the price spectrum has been the driving force behind sales; however, many homes that were once high priced have gone down, bringing some beautiful and well-built houses in great locations down to more affordable price points.
There are bank-owned properties for sale across the board and one can find a great deal on anything from lakefront homes to those with mountain views, river frontage, ski in/ski out properties and golf course communities. We suggest working with a realtor who is knowledgeable about the circumstances, what it takes to acquire the property, and how to make it happen.
Sellers tend to focus on the losses involved when selling their current home and forget the savings they will experience when buying their new home - not to mention the reduced interest rate: Each point difference in interest gives you $50,000 less or more purchasing power. With today's reduced interest rates this gives buyers much more to work with. One thing is for certain, if it's financially feasible for you to do so; buy now! You won't regret it!