Sure things don’t look too great in real estate right now. Many foreclosures and short sales continue even with the real estate market being “stabilized”. Investors do not like to see that foreclosures are still at an all-time high.
There is still a great chance that the economy will get worse and that the stock market and the dollar will see a dramatic downturn so having a post about investing in real estate being a good idea might seem crazy.
Looking at the short term, that does indeed seem like insane, bad advice. But looking at the long term, investing in real estate could be the best decision you’ve ever made. Looking at history, as history does repeat itself, everything seems to run in cycles and patterns. Real estate, like other investments such as commodities and stocks, has its ups and downs. So real estate may not be the best investment in the short term but in the next few years, it will pick back up and the value of real estate will increase.
During these tough times when homes are at all-time low prices and most people aren’t buying, this is the time when the smart investor is purchasing them at unbelievably low prices then holding on until the value come back up again.
When it comes to investing, never do what everyone is doing as that is when it’s too late to be getting in. Smart investors do the opposite of what everyone else is doing. When all others have caught on, then it is a bubble and the bubble will soon burst.
Be sure to buy low, sell high. And this is why investing in real estate may be a great idea now. Be sure to hold on for the long haul.
** This blog is not intended to be used as financial and investment advice. It is simply an opinion. Please seek professional advise if you have questions regarding these topics.**