In the next series of posts we're going to give you several reasons why buying a home is an opportunity you don't want to pass up in today's market.
In some parts of the country, prices have dropped by double-digit percentage points. In the Upstate region of NY, our prices have help fairly steady through the past couple of years. But regardless of the downward pressure on prices anywhere in the country, in the long term real estate will eventually return to historic returns. Even through the ups and downs of the the past decade, real estate was a better investment than the stock market....hands down.
RETURN ON INVESTMENT Jan 1, 2000 - Dec 31, 2009
DOW JONES -5.6%
S&P 500 -20.9%
NASDAQ -43.9%
REAL ESTATE +56.2%
So where would you want to invest your money, in stocks or real estate?
No comments:
Post a Comment