The greatest reason to buy real estate in a recession is because everything is for sale and prices are off.

Sunday there was an article that appeared in The Island Packet in reference to the “Why buy in a recession” symposium that I was a panelist along with Bill Baldwin, Craig Ostergard and Phil Schembra.  We talked about all the reasons why now is a great time to buy real estate.

I jokingly said “I went down to the ocean yesterday and you know what, it is still there”. 

I think sometimes we look at real estate in the wrong way.  We look at it more as an investment tool when it really needs to be more of a family enjoyment tool.  Memories are made at the beach and now is a great time to do so.

*Courtesy of The Island Packet