It is good to see the weather turning for the better and for me that means warmer days, nights and more sunlight in Connecticut; my melatonin level is up and I am pumped for the next season of real estate.
I believe that home ownership is the best personal investment one can make. Home provides one the ability to control the condition, improvements, maintenance, amenities and landscape of an investment with the added plus of realizing its appreciation. As time goes by and all of this time and care is accumulating investment stability the homeowner receives the added value of comfort, shelter and a place to grow and to go in good times and in bad and raise a glass with friends and family; a homes' worth goes well beyond its price.
Wall Street gives investors none of these advantages; stock is worth what it is worth with an investors hope that the company will be well run and profitable. Investors cannot control the golden parachutes or Enron type debacles. In my opinion Wall Street will never/can ever beat Main Street as the best investment money can buy. I do believe in Wall Street, but, as secondary investment strategies after a sound real estate foundation is developed. Of course, a homeowner to be or one that is simply moving, should consult with a competent, experienced, career REALTOR to realize their best success. Real estate is too integral part of life and ones financial investment to trust to a part time agent, or no agent at all.
ed Peterson, Broker
eDrake Real Estate,llc
eDrakeRealEstate.com
I agree, real estate is the number 1 investment for me. You can build wealth, one house at a time.