Buy Low and Hold On Tight!
You’ve heard the buzz, and YES, they are correct. We are in the eye
of the storm that is a real estate recession and if we’re not
careful, this market will affect the rest of the economy and
This does not mean that you should not be investing in real estate.
Real estate is always a practical investment. A real estate
recession is an excuse to buy low and hold on tight until the market
rebounds. The real estate market has taken a nosedive before. This
is not the first time. It is one of the few times, however, that the
market has been so low along with the mortgage interest rates. You
can take advantage of the low prices in homes as well as the low
interest rates by buying a home now.
Real estate is a good investment for many different reasons. One of
them is that the market, like the stock market, fluctuates. It does
crash, like the stock market, but then rallies. The stock market is
known to have bull and bear markets. Right now, the real estate
market is experiencing a bear market. It may soon change to a bull
market. You just have to be patient.
Another justification for investing in real estate is the fact that
it is a tangible asset. You can use real estate. It is not just a
piece of paper, but a real live thing. You can even live on the
property or let others rent it. You can build in the property if it
is vacant land. Owning property is always a good thing. Think about
the people who once owned property in what is now Beverly Hills.
Those who held onto their property made a killing. Those who sold
quickly did not make as much money. Real estate should always be
looked at as a long term investment.
The mortgage rates are lower than ever as are the price of homes. So
the smart thing to do is to buy property now and hold on tight. Look
for the long term investment. Instead of looking at your real estate
investment as you are going to the racetrack, look at it as your
retirement plan. Those who were making quick money flipping real
estate were essentially gambling on real estate. Some of them won
big. Many more lost their shirts. Sure you can take chances, but you
are better off to have a safe investment as well. Make sure that the
real estate that you purchase is diverse. You can purchase some
properties in blighted areas if you think they are going to rebound,
but you should also have properties in areas that are stable and
The best part about investing in real estate is that you have
something that everyone needs. We all need a place to live. You can
usually sell your real estate investment and make a profit if you
are smart enough to hold onto it until the market becomes a bull
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