Real Estate Recovery in US: See it, Believe it… and Then Invest in It!

A smart investor recognizes that the market is a forward-looking beast. He also knows that the market regularly scales “walls of worry,” and that prices rise before everyone realizes a recovery is imminent.
The average investor? Well, he sits on the sidelines and, in turn, misses out on significant profits.
Don’t believe me? Look no further than the real estate sector for proof…
Be Greedy When Others Are Fearful

Back in February, when I predicted the real estate market hit rock bottom, my inbox overflowed with venom for making such a preposterous claim. Hundreds of readers unsubscribed, too.
Of course, homebuilding stocks were already telegraphing a recovery. But nobody wanted to believe it because home prices were still falling across the country. They let the “wall of worry” blind them from the opportunity.
As I wrote at the time, though, “prices are going to be the last thing to bottom out.” Well, they just officially did.
The latest reading of the Case-Shiller House Price Index went positive on a year-over-year basis for the first time in 21 months.

0912-RealEstateNow that people can finally see the real estate recovery, they’re starting to believe it, too. It’s not just investors, either. It’s the mainstream press.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s