Despite a cool market, investing in real estate may be worthwhile
By Jeff and Lisa Sellers
(The Sellers Realty Lubbock,TX)
With many people believing the real estate market has cooled, some experts and analysts are suggesting if you didn't get in before the boom, there's no use investing now. Dolf de Roos, a 30 year veteran of real estate investing and New York Times best-selling author, has a different perspective. The real estate market has cooled off a little bit, but the boom hasn't exactly come to a halt, he says. If purchased properly, some say real estate is one of the safer investments in our nation. The population will likely continue to increase, and people need shelter-whether it's for their home or their business. Real estate in most parts of the nation has historically increased by an average of 4 to 5 percentage points each year. There are occasional downswings, but in the majority of cas...
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