Should You Buy Real Estate While Stocks Are Plunging?
It hasn't been a good year for stock investors. Of course, for those with a long-term bias toward stock selection, this is a good thing: It's easier to find bargains when other investors are heading for the hills. Once-story stocks are now value stocks.
Is the same true for real estate?
Real estate prices haven't yet taken the same hit as stocks, but there are hints that it's coming. That said, I think it could still be a good time to buy real estate, as long as the following three things are true: You find values, you have plenty of reserves, and you keep a long-term perspective. Here's a look at each factor.
Source Fool.com