During these times of economic hardship that our country is currently going through, a lot of investors have lost a bundle. Those who were lucky enough to not loose a big chunk of their nest eggs, are hiding their money under their mattresses so to speak in hopes of avoiding losses. While it’s wise to be cautious during financial turmoil, many people forget that some the the best investments are to be had during a financial downturn.
Real estate is one area where savy investors can make a bundle if they play their cards right. It’s no secret that our country is in a recession. A recession means bad news for a lot of people but it doesn’t have to be all bad. Oregon property can be had for rock bottom prices right now. Land for sale in Oregon can be a good investment because the real estate bubble has burst in many markets. In the last few years, areas like Bend, Medford, and Ashland saw housing prices rise at a rate that was much faster than inflation. Therefore, the prices were artificially inflated. Now, a lot of people are selling their properties for much less then they owe and in many cases, less than they are actually worth.
History has shown us that land prices go up and down with the fluctuating financial markets. Smart investors have learned from these naturally reoccurring cycles and are buying land up as fast as they can. They know that in as little as a few years, they will be in a position to sell the land and make impressive profits for their efforts.
Some investors will be in it to make money while others will snatch properties up while the prices are so appealing and keep it in their long term portfolios. One thing that’s certain is that for those who are financially able to purchase real estate, buying land can be a great investment.