LAND H0! Why Buying Land is Still a Great Investment

Even in a slow economy and sluggish real estate market, there is still a very sound place to invest, and one that nearly all investors small or large will benefit. The investment of course is land. To quote Mark Twain, “Buy Land. They’re not making any more of it.” Historically land has always been a safe investment, whether purchasing a single homesite or commercial property. Where traditional investments such as stocks and bonds have a historical trend yielding between 4 and 8%, land investors have realized returns of more than 200%. Purchasing a homesite to build on is far less risky than any other real estate purchase, plus it provides a much more flexible approach to reaching that goal of home ownership, and building the home of their choice as opposed to a home someone else built for their family. Also, when purchasing a homesite, the financial terms are typically much more attractive. Kaye Homes, a Naples, Florida based homebuilder is offering large wooded homesites in Naples up to 3 acres in size with some interesting incentives if the buyer chooses Kaye to build their home. They are offering up to 15% down credited to the cost of the new home, they will credit interest paid on financing, and provide low financing. The risk factor comparing a homesite purchase to other real estate opportunities, such as commercial real estate, is very low. Many experts are saying now is the time to invest in land. Whether you plan on building right away, or letting the property grow in equity to build later or to sell, this is a great time to buy land. For information regarding the purchase of a homesite, or homesites in Naples, Floirda visit www.kayehomes.com or call 239- 455- 1007. If you are thinking of building visit the Kaye Homes website for the new collection of 2008 homes.