Earlier this month, Tim McCrary, Broker and President of Alliance Realty & Development, Inc., was interviewed for an article on the online magazine "Bakersfield Center" -- a resource covering the latest business, events, and community news. 

The housing market is ever-changing. It's important for prospective buyers and homeowners pondering the idea of selling to keep apprised of local real estate trends to know how to meet the market best. For instance, the median sale price for homes in Bakersfield, CA over the last 12 months is $155,000 while the median mortgage debt is $83,564. Tim McCrary of Alliance Realty & Development (www.AllianceRDI.com) says this shows that it's a great time for folks considering the purchase of an investment property to jump in the game. "With home prices still relatively low, it's an opportune time for folks to purchase a second home as a rental property," says McCrary. "Not only are home prices still very attractive to hopeful buyers, but interest rates still make the purchase affordable for qualified buyers."

To read the full article, please visit http://bakersfieldcenter.com/bakersfield-real-estate-stats-urge-investments today!