Busy professionals’ investment opportunities

Busy professionals such as doctors, lawyers, and engineers face a dilemma when it comes to meeting long-term financial goals. As a medical doctor, I see it every day.

The good news: we’re fortunate to have good incomes and assets – the means to invest and meet goals such as getting kids through college and assuring a secure retirement.

Right now many of us see limited opportunities in stocks and bonds, so we’re considering alternatives such as real estate.

The bad news: since we work long hours in highly demanding jobs, we lack the time to manage real estate hands-on. How do busy professionals overcome this dilemma?

  1. Some go back to school to get educated in real estate investing. Getting this education takes time and money. You may have to pass up professional opportunities to pursue this path – as I know from first-hand experience.
  2. Some place trust in investment gurus who promote a secret “system” they share for a price. Investors who place too much trust in gurus lose money as a result.
  3. Others work with a guide who brings them expertise, practical experience, and street smarts to succeed in real estate investing. The best guides know your local real estate markets, invest with you side-by-side, and help you understand your options so you make well-informed investment decisions.

At Alvernia Capital Management, we guide real estate investors, build investment opportunities, and rebuild communities. We invest with you side-by-side.

Today’s real estate market offers the best investment opportunities in years

Strong demand for U.S. housing led to sales gains 3 months in a row, says the National Association of Realtors (NAR).

Existing home sales are the highest since 2006. Some 6 million homes sold in August 2020, NAR reported. The chart belowputs that in context. Existing home sales are the highest since 2006.

Investment Opportunities - Graph of US existing home sales hits record 6 million in August 2020

Investment Opportunities – Existing home sales are the highest since 2006.

  • U.S. home sales are up. August 2020 sales rose 10.5% compared with a year ago.
  • Not enough homes are available. At the end of July, there were 1.3 million single-family existing homes for sale, the lowest count for any July going back to 1982, NAR said. Now, there’s only a 3-month supply of housing, compared with 4 months in August 2019.
  • Sales are closing fast. More than 2 out of 3 homes sold in August 2020 were on the market less than a month. Properties were on the market an average of 22 days in August 2020, down from 31 days a year ago.

This infographic from NAR sums up existing-home sales in August:

The National Association of Realtors reports that housing prices are up, inventory is down, and sales hit 6 million in August.

What’s more, the South is growing even faster than other regions.

Existing-home sales in the South rose to an annual rate of 2.6 million in August 2020, up 13% from a year ago. The median existing home price in the South was $269,200, a healthy 12.3% increase from a year ago.

Here’s how the South compares with other U.S. regions, year over year:

South is fastest-growing region for US housing.

Home sales are growing fastest in the South.

Alvernia works with busy professionals who invest to provide affordable housing in the greater Nashville metro area. We focus on affordable housing, for which occupants pay no more than 30% of household income, since it holds its value better than other properties.

We work with both active and passive real estate investors. Our free assessment helps you determine which approach fits you better.

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