Submitted by: Gananda Robusto

Every day we make effort to give truthful intuitiveness on the current housing market. If we report what is observed as negative news, some in the real estate community come down on us hard. However, when we point out that we think now is a great time to buy, we get an flood of feedback from the general public attacking us for being nothing more than puppets for real estate agents across the country.

Today, we don’t want you to listen to what we think about the opportunities that exist for buyers in this market. In lieu, we want to report on what some members of the investment community are saying.

The Wall Street Journal

Jim Woods wrote an article already this year for Market Watch, part of the Wall Street Journal’s digital network. Its title: Why your best investment is a house. Mr. Woods compared the investment potential of real estate against other asset classes such as stocks and precious metals.

Here was his determination. One reason your best investment right now could be a home has to do with the relative upside of getting in on an asset class while it’s at the rock-bottom versus buying into other asset classes that could be near a high point. Consider for a moment the tremendous upside we’ve seen in stocks, precious metals and agricultural commodities over the past 12 months.

If you’re a long-term investor looking to put money to work, now is not really the best time to get into any of these three asset classes. However, with home sales starting to correct, and with prices now possibly forming a bottom, real estate could well be the asset class that represents the best low-risk buying opportunity out there today.

Mr. Woods went on to talk about the financing portion of the purchase: Yes, mortgage rates still are near historical lows, but if we see these rates rise, then the cost of a new home could climb significantly. So, now could really be the best time to pull the trigger on that home purchase – and it could also be your first-rate investment right now.

Fortune Magazine

Shawn Tully, senior editor at large for Fortune penned an article last week which was titled: Real estate: It’s time to buy again. In the article, Mr. Tully explained:

Forget stocks. Don’t bet on gold. After four years of low home prices, the most attractive asset class in America is housing.

Let’s state it simply and energetically: Housing is back. Two basic factors are laying the footing for impressive recovery in residential real estate.

The first is the historic drop in new construction . The second is a steep fall in prices, on the order of 30% nationwide since 2006, and as much as 55% in the hardest-hit markets. The story of this downturn has been an stunning flight from the traditional American approach of buying new houses to an include in one’s beliefs of renting. But the new affordability will gradually captivate Americans back to buying homes. And the return of the homeowner will start raising prices in many markets this year.

Bottom Line

None of the two of the two publishing sources selected above has ever been accused of cuddling up to the National Association of Realtors. Notwithstanding, both have come to the same conclusion. It’s time to buy real estate. Conceivably we should listen to them.

About the Author: To assist you in your home selling or buying process, visit my web site @

GanandaTopRealtor.com

for Seller and Buyer FREE REPORTS that gives you a plenty of advice in relation to selling your home with Nothnagle Realtors and also the home finding and purchasing practice In Gananda, located in Walworth NY 14568 Communities Served: Monroe, Wayne, and Ontario Counties Area served: Gananda, Ontario, Walworth, Macedon, Williamson, Marion, Palmyra, Sodus Point, Sodus, Penfield, Webster, and surrounding areas

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