A Historic Time to Buy

**florida real estate** · 10-06-2009, 10:28 PM

Young people just starting to invest and buying their first homes are potentially the winners in this recession.
First-time home buyers, most between the ages of 25 and 45, accounted for about 45 percent of home sales from January through July 2009,
"This is a historic time," says businessman, a 35-year-old business analyst in florida, who recently bought three homes, two of them foreclosures. "It's a great opportunity to make some great gains in the future."

"We need to be shouting from the rooftops that this is not the time to get out of the market if you're young,"
"This is the time to be in the market."

**denver8** · 10-07-2009, 03:07 AM

Yup, I don't think that we will ever see another crisis of this magnitude in our lifetime, ever again. Of course, unless these mistakes are learned. I invested in a couple myself for the longer term.

**Moore** · 10-10-2009, 04:00 AM

Unfortunately,i can't be so oprimistic. I know the times are quite hard and some sellers are not going to reduce the prices and all of the kind. And not everyone has money to buy even now. The unempoyment rate is bad. Well, if you have some savings, may be it's woth it now!