Confidence in Real Estate Investing is at an All-Time High
Likely because real estate is a tangible commodity, it has officially become the most popular way to invest your money for more than 10 years. Investors confidence in stocks, bonds and even precious metals now lag behind real estate.
Diversity is key in any investment portfolio but, real estate has historically lagged somewhat behind in the ‘confidence’ arena; whereas stocks, bonds and gold have been the fundamentals in most portfolios.
The key here is that investing money in real estate isn’t just purchasing rental property and becoming a landlord, it includes primary homeownership, the purchase of second homes and even international properties. Clearly the increase in real estate sales prices has propelled more investors to realize that real esate is, indeed, a credible long-term investment.
In a recent interview with Warren Buffett, when asked about another housing bubble, Buffett responsed, “I don’t see a nationwide bubble in residential real estate at all.”
As well, when asked about holding real estate, Warren Buffett replied, “Our favorite holding period is forever.” Buffett feels that buying and holding real estate is the key to building true, long-term wealth.
Further indication that our profession is, for the most part, on the same page, the National Association of Realtors® (NAR) performed a recent survey of agents and found that buyer traffic was seen as either “strong” or “very strong” in 44 states.
Let’s get started investing in real estate!
© Debe Maxwell | (704) 491-3310 | SavvyBroker@me.com | Confidence in Real Estate Investing is at an All-Time High