The Basis of Wealth
Date: Thursday June 12, 2008Posted in: real estate market, real estate, real estate buyers, buyer's market, wealth, Theodore Roosevelt
I bet you’ve heard the saying, “Buy low, sell high.” Well, this is a “buy low” kind of real estate market we are in and now is the time to take advantage of it. I am working with a few clients looking in the $200,000 to $300,000 range and they are thrilled to have the opportunity to purchase in this “buy low” real estate market.
An interesting quote from President Theodore Roosevelt: ![]()
“Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.”
What was true at the beginning of the last century is still true today.
1 Comment
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It’s a great time to buy real estate. This is a great time for renters to purchase their own place. Crunch the numbers and if it makes sense, then call Gretchen. She is a woman of integrity!
Comment by Renee on June 17th, 2008 @ 2:25 pm