Wednesday, February 25, 2009

Sould Investors Buy Now in Anticipation of Chicago Hosting the 2016 Olympics?





I am wondering if there are at least 3 reasons why now is a good time to buy real estate in Chicago, especially as an investment in anticipation of Chicago hosting the 2016 Olympics. We won't know who will be the host until October 2009, but wouldn't there be more demand for property in that area if Chicago does win the bid? Yes. So:




1. Buy now because the price will go higher.


2. Interest rates are at a historical low


3. If you are a first time buyer and plan on residing there...you get a credit.


4. Even if Chicago does not get the Olympics, it is still a good investment in an appreciating area.








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