Move Into Real Estate Now
Over the next decade, I think the most interesting and exciting investment area will be the real estate business. We have seen prices collapse over the past four years as the credit crisis unfolded. Housing sales have shown some signs of picking up, but they are still well below the historical norm. Commercial real estate is still suffering from high occupancy rates and many have stayed foreclosure only by perfecting the game of extend and pretend.
The brokers and agents I talk to around the country tell me that outside of major markets like New York, Boston and Washington D.C., it is much tougher to make a living. Subsequently, the number of agents and brokers has declined dramatically since the real housing boom....649 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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