How Does Real Estate Seem Like A Good Investment in 2008? Part 2

We saw in the first post that the Dow Industrial average is down 44 percent in the past 52 weeks. That is trouble enough.

But imagine being long in Oil?

Oil dips below $50 a barrel on New York exchange for the first time since reaching record high of $147 in July. via CNN

You would be down 66 percent.

Maybe real estate is still a brightspot in the economy even with the drop in prices.

It was just ahead of it’s time…

Related posts:
  1. Property Values of Farm Real Estate Decline For The First Time Since 1987
  2. New Jersey Loses One Third of Real Estate Agents In 2008
  3. For Investment Wealthy Women Prefer Real Estate Over Wealthy Men

« « How Does Real Estate Seem Like A Good Investment in 2008?| Freddie, Fannie Give Christmas Present – No Foreclosures Till New Year » »

There Is 1 Response So Far. »

  1. Not only is real estate a bright spot it should be a part of everyone’s IRA and 401K account because of the following*:

    1). Nobody can inside trade your property*
    2). No one can fake the balance sheet*
    3). No one can fake the vacancy on your commercial strip center*.

    These are just a few reasons why commercial real estate should be a big part of your overall investment strategy.

    *Takes into consideration that you take an active role in your “own” investments and don’t hand them over to someone who just wants to suck off you (like a management company).

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    • I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
      Bill Hernandez | 19Mar10 | More
    • Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
      Marc Brodeur | 19Mar10 | More
    • Great to hear that the big boys are predicting recovery sooner than most think. Thanks for the value!
      Mark Arenella | 19Mar10 | More
    • I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
      Austin Mortgage | 19Mar10 | More
    • an add on to my previous comment--I suppose nationally it's hard to tell, but each city and market is in ...
      Austin Mortgage | 19Mar10 | More
    • Hmm.....interesting. Of course, I would love to see the real estate market bounce back as quickly as possible, but just ...
      Austin Mortgage | 19Mar10 | More
    • I live in the Philippines and I am glad we are not on the lists...
      homes for sale in chandler az | 19Mar10 | More
    • I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
      Jack | 18Mar10 | More
    • I see the question I have, but no response. I do not have a for sale sign up ...
      Judi | 18Mar10 | More
    • I'll add mine to the list too. This is happening in Kansas City, Missouri as well now. We already knew ...
      Trisha | 18Mar10 | More
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