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Self-Directed IRA Investors Find Good Real Estate Buys in Growing West and Northeast Regions
Publish Date : 11/19/2007 9:12:00 AM Source : Advertising & Business News OnlyPunjab.com
According to the National Association of Realtors®, several housing markets still showed double-digit increases in sales prices from last year despite the country's overall real estate slump. Topping the list were Salt Lake City (21.9 percent increase), Binghamton, N.Y. (19.8), Salem, Ore. (16.7), and Farmington, N.M. (14.0). Additionally, real estate sales continued to grow in specific U.S. regions, with Washington state the winning region. A CNN Money article highlighting economic research by FiServ and Moody's economy.com, reports that 9 of the top-15 most appreciable cities in the nation call the "Evergreen State" home. All are projected to experience a 10%-17% appreciation through 2007.
According to David Nilssen, president and CEO of Guidant Financial Group, a leading self-directed IRA services provider, clients with self-directed IRAs are still finding good investment opportunities in these and other pockets of positive growth. "By looking to those regions projected to enjoy the most growth, real estate buyers have the opportunity to safeguard their investments even during today's challenging market," he says.
While the national average is down, specific regions in the United States are continuing to grow, as they have during the past several years. This is particularly good news for those who are eager to avoid the volatility of the stock market by investing in real estate. Historically, despite market fluctuations, real estate can still provide a good rate of return if investors stay abreast of real estate projections.
Nilssen suggests that, in light of the country's current market conditions, investors should "stay nimble" to allow for real estate fluctuations. One way that investors are taking advantage of timely opportunities is through self-directed IRAs. These specially structured accounts allow retirement account holders to personally direct their IRA investments into areas they feel would be most profitable -- whether into growing geographic locations for property investment or a declining market for foreclosure investments. And because some accounts are structured to allow checkbook control, real estate buyers (and other investors) can make their purchases/investments on the spot.
"Using retirement funds to invest in real estate is a growing trend," says Nilssen. "Through a combination of checkbook control and a keen eye on those appreciating regions, investors can grow their retirement accounts while avoiding the twists and turns of today's stock market. Having personal control of one's hard-earned retirement funds can provide a much-needed sense of security."
About Guidant Financial Group Guidant Financial Group is the premier provider of self-directed IRAs and business-funding solutions through IRAs and 401(k)s. Guidant's services allow investors the freedom to make investments in real estate, franchises, businesses, tax liens and more by accessing their retirement accounts without penalty before retirement age. For more information on Self-directed IRAs or Business Financing please visit www.guidantfinancial.com. |
India to chair Phuket tourism meet on tsunami
Publish Date : 1/29/2005 2:01:00 PM
Minister of State for Tourism Renuka Chowdhury has been invited to chair an emergency meeting of World Tourism Organisation at Phuket in Thailand Jan 31 to assess ....
Tamil Nadu tourism poised to pick up post tsunami
Publish Date : 1/29/2005 1:29:00 PM
Despite a loss of Rs.30 million ($685,000) to Tamil Nadu's tourism sector in the wake of the Dec 26 tsunami, the state is fast returning to normal and expects tourist ....
Srinagar airport to go international
Publish Date : 1/28/2005 1:12:00 PM
International flights will soon be able to arrive and depart from the airport at Jammu and Kashmir's summer capital Srinagar, following a government decision Thursday ....
President Kalam's 'Action Plan for Employment Generation'
Publish Date : 1/26/2005 12:44:00 PM
"Everyone has inside of him or her, a piece of good news.
The good news is, that you don't know how great you can be!"
India, Bhutan sign agreement on rail links
Publish Date : 1/26/2005 12:28:00 PM
Travelling to Bhutan, often described as the "last Shangri-La", will become easier when the Himalayan kingdom is linked by a railway network under a landmark agreement ....
National Media Centre to come up in capital
Publish Date : 1/26/2005 12:16:00 PM
The government has approved an outlay of Rs.350 million ($7 mn) for the construction of a National Media Centre here that will serve as a news source and a service ....
Jaipur gears up for third stone exhibition
Publish Date : 1/26/2005 11:18:00 AM
The city is gearing up to host the India Stonemart 2005 international stone exhibition for the third time, with the country said to hold the first position in stone production.
List of Padma awards recipients
Publish Date : 1/26/2005 11:07:00 AM
The following is the list of recipients of the Padma awards announced here Tuesday on the eve of the Republic Day celebrations.
India gears up for the super jumbo
Publish Date : 1/26/2005 10:54:00 AM
India's four main airports are gearing up to lay out the welcome mat for the world's biggest passenger plane, the Airbus A380, when it begins flying next year.
Nepal tour operators woo gay visitors
Publish Date : 1/25/2005 12:45:00 PM
In an effort to boost their sagging business, some enterprising tour operators in Nepal are courting visitors from the gay community.
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