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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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Buying a Home? Investment Expert Says Buy Two, If You Can

July 24th, 2013 | by The Update
Buying a Home? Investment Expert Says Buy Two, If You Can

An investor with a fascinating history in the real estate market over the past decade has offered some targeted advice for people considering buying a home.

Buy that home. Buy it now. And then buy another.

His reasoning? He says buying a home remains the best investment you can make.

Here’s the report from the KCM Blog, which tracks real estate trends and data:

John Paulson gave the keynote lunchtime address at the CNBC/Institutional Investor conference recently. He believes that housing will continue its strong recovery for the next four to seven years, saying:

“The housing market has bottomed. It’s not too late to get involved. I still think buying a home is the best investment any individual can make. Affordability is still at an all-time high.”

When asked how the average person can take advantage of the current real estate market, Paulson said:

“Buy a home and, if you can, buy a second home.”

Should we care what Mr. Paulson thinks? Should we listen to him? The answer to both questions is a resounding ‘YES.’ Here is why.

Who is John Paulson?

Paulson is the person who made a fortune back in 2007 betting that the subprime mortgage mess would cause the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell.

Click here to read the KCM Blog.

Click here to read more news about real estate and the economy in Dallas-Fort Worth.

Briggs Freeman Sotheby’s International Realty is Dallas’ luxury real estate leader, with more than 190 agents in five offices located throughout Dallas-Fort Worth and access to the global Sotheby’s network, including more than 11,000 agents in 600 offices worldwide. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty. For more information on escapes and second homesranch and land, and luxury homes in the Dallas-Fort Worth region and beyond, go to briggsfreeman.com.

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