Wednesday, October 31, 2007

Still a buyer's market

The basic crash of the real estate market still makes this a prime time to purchase a home. With mortgages defaulting at record rates, now may be the best time to find a real estate agent and look into buying what most consider the best investment. Real estate. Considering that home values are low you have to believe that this is the time to start swooping up properties and reaping the rewards in the coming years a head. If you have the excess cash to buy some rental properties, that can cover your mortage, why not? Rent them out for a few years as people still need to have a place to live, but can't afford to buy. Gain rental income while the value of your home grows during these turbulent times.