The key to remember is that while there is a lot of bad news in the economic sector right now, housing does remain a critical component to an American’s livelihood.
Though many people think that things are all bad, regardless of the state of the economy, people will always need to buy and sell homes. Births, deaths, marriages, divorces, job relocations and other important life changes trigger the buying and selling of real property. These life changes don’t stop because the economy slows down. Real estate will continue to be bought and sold.
It is not simply an investment. Real estate is where we live and raise our families. If we were able to jump ahead 10 years from now, we'd be looking at this market as a thing of the past—a time when we all probably should have been buying a lot more real estate.
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