The economic crisis is still all around us starring us in the face with every dollar we borrow from China. The dollar is falling against all major currencies and the threat of inflation is around the corner. The stock market has fallen within the past decade several times wiping out much of the investments and savings of many Americans. Considering all these factors it is hard not to try to find a safe place for our savings. Real estate is generally a good investment and in a market that has frorced many owners to reduce the prices of their homes to record levels, it has even become more interesting. Real estate in large markets was inflated in prices so much and hence had a long way to decrease. However, prices in places in the countryside have not been inflated and are currently at levels that make real estate in the country side an attractive investment option.
Consider this listing in Jackson County on the border with Putnam county and few minutes from Cookeville. It represents country living in style with a brand new brick home and more than 8 acres. This property offers privacy, wild life, a natural bond and breathtaking views all year round.
The propoerty is reduced to $279K. A price at which the potential of upside is certain. Unlike properties that are inflated due to unseen and hard to gauge factors, the price here is a reflection of value of the acreage and improvements making it a safe bet against inflation and economic decline.
3BR & 3 BA Brick Home with 8+ acres
To get more information about the property click
here or contact me.
Reham Hassan, Real Estate Agent, Cookeville, TN
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