Real Estate opportunity
Written by HmD on 3/13/2009 11:13:00 AM“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffett.
That quotations sounds like quite a stretch during these economic times, however, it is still true as we will probably see a new set of millionaires and the loss of the old blue bloods. The new generation of millionaires will take risks in times like these in the hope for long term gains and will probably benefit.
In keeping with the foregoing, we try to identify business opportunities across the US and we found one in Birmingham Alabama.
Over the past year or so home prices in Birmingham has decreased. In February alone, home prices dropped by 25% and they are now much closer to what I think is their fair market value. With the reduced home 
prices, its a great time to buy, as it may provide long term profit revenue which may exceed whatever interest you can get with holding your money in a bank.
The time for investment is now, you have left your money under your mattress long enough.
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