While the state of the economy has many investors cautious, with many years experience in the property sector are optimistic about investment opportunities today. “While most real estate investment opportunities exist in any economic environment, it is particularly important today, niche, to find low-risk and more likely to produce a better return on investment,” said Lee Meekcoms, president of Park Bridge Capital Group, a private real estate investment, acquisition and dissemination. “Despite what we hear in the news, real estate continues to be a good investment, if done with proper risk-adjusted approach.”
Repeatedly, is that today’s economic narrative, with the promotion of investment bankers on Wall Street, lenders have begun to play fast and loose with the credit and mortgages, so that an unprecedented number of Americans homes at prices beyond their means to buy. Lenders are packaged and sold these subprime mortgages so that banks minimize the risk and resulting in individual and institutional investors subscribed and under-rated mortgage-backed securities devour. As defaults rose, the undulations of the economy turned in a shock wave, and the Federal Reserve had started out as giants such as Bear Stearns to intervene to rock.
Although Meekcoms recognizes the economic slowdown, its 25 years of experience in real estate long way to capitalize on social trends. “One of the best real estate in Paris today, the side of the baby boom of life,” said Meekcoms. “The industry has recognized that the baby boomers represent a huge population, but not everyone benefits from these property websites also successful people.”
Meekcoms says the resort communities and retirement investments are beneficial real estate boom. His company, Park Bridge Capital Group, focuses specifically on the properties of the manufactured RV resort and retirement community-oriented home. “We are seeing an increasing number of cost-conscious boomers refinement of the” snowbird “concept, and opting for a vacation or live part time in areas that are two or three hours from metropolitan centers,” said he said. “In addition, higher gas prices mean that people spend less time on the road and more time for their goals.”
Sunbelt traditional destinations such as Florida, Arizona and Southern California remains popular, but other areas are open as well. “We see more” winter Texans “migration to the Rio Grande Valley,” said Meekcoms’ interests and in the summer resorts in New England, Upper Midwest and Pacific Northwest. “
