Tuesday, May 19, 2009

CNBC host Jim Cramer on investing in real estate

In the May 25th issue of TIME Magazine, CNBC's Mad Money host Jim Cramer was asked the following:

"Is it safe to start reinvesting a small portion back in stocks again, or are we better off investing in real estate?"

Mr. Cramer replied: "I think real estate is a once-in-a-lifetime opportunity, because there are no competitive buyers. Mortgage rates are the lowest in my life. Affordability is the best in my life. Clearly, real estate is much better than stocks right now."

Mr. Cramer echoes what numerous economists and financial advisors have been saying. When would NOW be a good time to make your once-in-a-lifetime investment? Call me and lets get started!