A recent MSN Money/Case Shiller study found that the rate of return on real estate between 2000 and 2011 far outpaced the potential returns from the Dow, S&P and NASDAQ. Historically low interest rates continue to make now an even more attractive time to purchase a home. Richardson has quite a strong local economy which makes it an excellent place to purchase a home for your family or as an investment property.
If you're thinking about buying a new home you can feel confident with the long term return on investment. Contrary to the doom and gloom heard in the media about the housing market, more than 65,000 homes will sell this year in North Dallas alone. I don't know of another "failing" investment that has historically given such high returns over the years.
The Todd Tramonte Home Selling Team