Don't invest in real estate based on headlines

At a time when real estate has slowed down, there are people bucking the tide and investing in real estate here in Prince Edward County. Those that are buying are saying "We really can't manage our decision to buy real estate based on the headlines, we have to look at areas that we feel still have some upside for growth. We have to look at the market upside as the market looks down".

If you're planning to build new this is a good time. The cost of labour and materials are down, while there is less supply coming on the market. This positions people, who want to buy vacant land and build, during not only a downturn, but also during an upturn.  It's good to review your options.

I thought I'd share with you how some people are viewing investing in real estate at this time.

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