I happened to catch a bit of a "news story" yesterday on CNN where Warren Buffett, the world's wealthiest investor was saying there are great deals right now on the US Stock Market and that he is buying stocks right now.  He said  "A simple rule dictates my buying: Be fearful when others are greedy and be greedy when others are fearful,". 

Obviously, this principle, used by Warren Buffett would apply to other investments as well, such as Real Estate.  Our local Real Estate Prices have dropped drastically and in what is now somewhat a "climate of fear", this is actually the ideal time to buy, especially for someone who employs a "buy and hold" long term investment strategy.  Residential Income Properties and even Single Family homes with modest down payments will yield "break even or positive cash flow" due to the current price levels.

If you have thought about becoming a Landlord, adding to your property portfolio or even thinking about buying your first home, the deals are out there in abundance.

To discuss current opportunities, contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com