Real Estate: Warren Buffett Says You Should Buy Some. NOW.
Warren Buffet says we should buy Real Estate. Now.
If you haven't already watched the video, I'll tell you something that you probably already know, that they shared in this video: A really great way to learn how to build wealth, or become a professional rugby player, or maybe a world-class tight rope walker....is to listen to those who have already done it. Well.
I can't comment on the national markets, but I can say without any hesitation that St. George Real Estate is turning the corner. Let's take luxury home enclave Stone Cliff for example: 3 years ago there were 50 or more properties for sale, you couldn't give em' away. Fast forward to 2012. I was told by an inside source that in the past 3 weeks, including the 2 weeks of the 2012 St. George Parade of Homes, that the Stone Cliff Developers ALONE (not including private Sellers), sold 10 lots, 3 custom home build jobs, the model home, and the actual Parade home was sold prior to the parade. That's a MAJOR shift!
St. George housing has never been more affordable...EVER. Nor has national housing. In a CNBC interview this week Buffett said, "If I had a way to buy a couple of hundred thousand (THOUSAND!) single family homes right now, I would load up on em'."
He went on to say, that buying a home is a way to actually "short" the market, also explaining that there are more households being created that HOUSES, and that the balance will come back into alignment in the future. Not only that, leaving your money doing NOTHING does NOTHING. It just, well "sits."
Well there you have it. You didn't hear it from me, you heard it from Warren Buffett. And of course we'll make it easy for you to find that home in St. George. Link: FANTASTICALLY fantastic St. George Home Home Search.