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Post Info TOPIC: Homebuying As A Long-Term Investment


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Posts: 9
Date: Jan 7 22:32:08 2011
Homebuying As A Long-Term Investment
 


While the era of get-rich-quick real estate investment may be gone, a new era of increasing wealth long-term by investing in a home is back. A study released by Businessweek.com, using inflation-adjusted data from the National Association of Realtors, shows that in 18 of the 25 largest metro areas in the US, the value of homes purchased in 1990 had increased significantly by 2010. Many of the areas' price increases were of ten percent or more.  Read the entire article


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