WHY NOW IS THE TIME TO BUY

With stocks hitting an all-time low, Suzy Orman suggests that people realize that a better investment for them might be real estate. Here is an example why:
I have a client who sold her GE stock four years ago for $200,000 and invested in a condo in Federal Hill (downtown Baltimore, MD). She was just gloating the other day when I did a Market Analysis for her and came up with a re-list price of $229,000 for her. I thought she might be disappointed that it had not appreciated more, and I was ready with all the accompanying graphs, data, 'houses sold', etc. but that was unnecessary. Had she held on to her GE stock, its value today would be $9,000. I have one very happy seller!
Rates are as low as they were in the 40's, inventory is plentiful and the economic forecast for real estate is looking good ... as inventory dimishes, competition will drive prices up. So, if you are thinking of buying this spring, get started. You could not pick a better time to do some investing, and IF you are a First Time Buyer, you also will get a 'gift' of $8,000. Don't pass up this once in a lifetime Federal Free Money.