With all of the doom and gloom out in the world today, we must remember that it is most likely the best time to buy a home, quite possibly in our life time. Remember just a few short years ago, many Realtors had bidding wars with their listings.
Looking forward, the government is providing or attempting to provide a boost to our economy, not just here in the USA, but world wide. Many are saying that this will eventually lead to high inflation. So, you might ask, what will this do for you going forward? The answer to this is historically, high inflation is a friend to real estate owners.
So it makes sense to put dollars to work in a tool now. To mention Warren Buffet and his philosophy of investing is this: “When others get fearful, get greedy”. Well, I suggest that now is the time to “get greedy”. Of course we all must manage our finances, and risk control, but in the proper menu of investment and capital management, it only makes sense. I for one think Warren Buffet, who is the 3rd wealthiest individual in the world, might just know what he is talking about.