Almost too late to make that investment… July 21, 2008

As the second half of the 4th quarter begins, and the tourism season comes to a close, i think we are starting to see some change, but unfortunately, it may be a little off target, at least for those who rely on the tourism industry.

So what does this mean?  Does this mean that the real estate market may being to stabilize toward the the end of the 1st quarter?  when exactly is the bottom going to drop out?  By the bottom dropping out, i am not talking about an absolute recession, but i am talking about the transition back to a  bull market, a period of time that has not been forgotten by most Americans. 

When is the right time to buy?  As many know, the time to buy stock is three weeks into any quarter when prices settle out, but real estate is something that cannot be moved as easily as stocks and funds can thus making it a tricker, but more lucrative move.

in this down economy, there shouldnt even be an issue of unsold properties because smart investors should be snatching up all foreclosed properties as tourism has not seen the effects of the Bush catastrophes.  the fact that tourism has not been touched by the lack of enthusiasm in the economy ties back to the importance of localized search for vacation rental owners, but this, is for another time.

in my personal (and green) opinion, there will be a busy sport season for most tourism sects such as Myrtle Beach due to the anticipated drop in gas prices.

Also, thanks to the biggest bail out in history on the horizon, we will begin to see those interest rates go up on that investment property.  So cash in those bonds and clean out the couch cushions and find a Realtor and invest in something solid and sound today.