Real Estate a Permanent Investment

**Real Esate Report** · 11-17-2009, 09:04 AM

It is being widely, and falsely believed, that the real estate market is "bottoming out" and that we may well be facing a major housing crisis. What the local media is failing to report is that, as suburbs of New York City, many New Jersey towns are statistically above the national averages.

Real estate is not strictly a commodity; it is made up of submarkets within markets all over the country. Each town, county and region and each price range within them is another. To look at what is happening in the real estate market in the nation is not a true picture of this region of the country.

We do not live in a statistic or a commodity. We live in a home. Shelter is a basic human need, and we as humans always will seek ways to possess it. The American dream will not evaporate because of a mortgage situation or any other short-lived reason. The mortgage industry has gone back to sensible lending practices.

In recent years in our area, the incredible rise of real estate prices made heads spin, and buyers began to talk in terms of investments instead of homes. Our expectation level of unorthodox, quick profits made some forget the other reasons to own a home - the warm fireplace to come home to, the neat row of hooks for soccer cleats or the porch where one can sit, relax and say "Hi" to our neighbors on a warm summer evening. Suddenly, it was expected to double our money on a place where we hang our proverbial hats.

**myplace_11** · 08-31-2011, 03:30 AM

Thanks for sharing, I agree when it comes to investing in real estate you should choose it carefully cause its really permanent.

**promdresses78** · 08-31-2011, 07:23 PM

Agree with your point of view, where the use of this

**iproperty123** · 09-12-2011, 05:58 PM

As the population is increasing the demand of proeprty is increasing day to day, so the property prices are hiking, so investment in property is always secure.