Why Now is the Time to be Greedy...
Posted by Keen Brothers on Sunday, October 26, 2008 at 12:12:11 PM By Keen Brothers / October 26, 2008 Comment
"Be fearful when others are greedy and greedy only when others are fearful."The question you have to ask yourself, as a Buyer in this current real estate market, is whether you want to get a great deal badly enough to take action in what can appear, on the surface, to be a very chaotic and scary marketplace.
- Warren Buffet (world's richest man)
Look, I'm not saying it's right for everyone but Buyers who understand the dynamics of supply and demand economics also understand there has not been a better time to buy real estate (or stocks in well run companies, for that matter) in our lifetime. It takes courage to take actions when most investors are running for the hills but I guarantee if you make smart decisions with your money now you'll come out way ahead in the long term.