Forget about the stock market and buy a home (NY)

Wow, what a crazy couple of weeks it has been…

First the debt ceiling debate – which was nothing if not exhausting – and then the Dow dropped 1,147 points, in the process losing more than nine percent of its value, over a three-day trading period…Of course, there is plenty of healthy debate whether the stock market ‘crashed’ or if it was just simply going through a natural ‘correction,’ but no matter how you slice it, the result is going to effect the economy and the aftershocks will, as well, affect the way people view the stock market in general.

So, with the economy in what is considered by most to be a Depression, and with the stock market proving to be more than unsteady, the question becomes: where do investors turn now?

As someone who has made quite a living as a real estate investor, the answer – to me — is more than simple. It’s right in front of your eyes, in fact. You see it every time you drive down any street in Long Island – be it Suffolk County or Nassau – in the ‘for sale’ signs that literally cover almost every inch of the landscape. The market is screaming, ‘buy a home NY’ and, I think, it is about time to start listening.

With the housing market inundated with foreclosures and ghost inventory owned by the banks, that will soon dilute the market even more, it is difficult for those trying to sell a NY house fast to get the kind of value they deserve. There are ways for them to recoup (that is actually a big part of what I do –helping folks who are having a hard time to sell a house in Long Island) so that they can cut the cord and move on with a clean slate. But, there are also ways that investors can cash in on the stagnant housing market; ways which can lead to substantial new sources of income for those who are ready to invest and willing to be patient for the turnaround.

The fact is (and of you don’t believe me, type ‘buy a home NY’ into Google and see how many relevant results you get) that home owners will sell low right now. If you are looking for an area in which to invest (and if you are, with good reason, a bit apprehensive about the stock market) then real estate is without a doubt the way to go. Buy low, sell high has always been the name of the game, and when it comes to real estate there is still the chance to buy low. You might have to exhibit some patience, but that is true no matter what the arena.

With the interest rates not likely to be directly affected (at least, not anytime too soon) by the crash of 2011, you can make an investment right now, that is all but guaranteed to return for those willing to show the kind of discipline and fortitude needed to see wise investments lead to solid returns. So, folks, take it from me…I’ve been doing this for years, and it has helped me to become the owner of a group of organizations worth over one billion dollars (net, annualized).

Buy a home NY!

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