Compare it to the Dow Industrials:
It closed today at: 7,997.28
52Wk High: 13,990.65
52Wk Low: 7,882.51
Few areas are down 44 percent for the year in real estate.
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How Does Real Estate Seem Like A Good Investment in 2008?
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It probably is a really good time to buy real estate – monthly payments are about equal to market rents for many of the great deal bank owned listings even in our stable Ann Arbor market. Everything is on sale!
Okay with the market the way it is……I have found another path for real estate…..you dont become a land lord…you dont fix and flip…but u get a monthly check and are a mortgage lein holder…..I think with the market the way it is…this is a better idea….
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