Real Estate: Why the Time to Buy Is Now

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The housing market appears to be suffering a double dip, the most recent employment numbers were awful, and Congress is playing chicken with the debt ceiling. Our conclusion? It’s in keeping with our proud contrarian tradition at CBS MoneyWatch, we are looking past the latest headlines at the big picture. And the big picture is that interest rates are ridiculously low, housing prices have crashed, and in a growing number of communities it is actually cheaper to buy a house than to rent one.To be sure, you’ll have to follow the new rules of real estate, as laid out by our real estate expert, Ilyce Glink. We’re certainly not suggesting you start flipping condos in Miami. In fact, as blogger Kathy Kristof explains, there are a lot of good reasons to be a landlord The first and best role of a house is shelter, and historically stocks are a better investment. But you can’t live in stocks, and besides, the market has nearly doubled since March, 2009. Why not buy the asset that’s 30 percent cheaper?


About Pamela's Blog

Pamela Diaz-de-Leon With an accomplished background encompassing Diplomacy, Architecture, Business and Film, Pamela Diaz-de-Leon brings to the real estate industry the entrepreneurial expertise which stem from her interdisciplinary experience. Her world wide network of distinguished personalities carefully knitted of relationships formed in her five years as the Cultural Attaché for the Instituto Cervantes, serving the King of Spain, in Chicago, and her Hollywood connections acquired while working with a recognized film distributor, give her the global platform in which she has developed her business with great success. Knowledgeable, informed and organized she holds ethics and integrity as her highest values thus, providing her customers with an excellence of service that ensures their utmost satisfaction and their continued loyalty to her work. Office. 305.677.5055 Cell. 305.720.8439
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