There is no doubt that consumer confidence is low at this time. The truth about real estate is that the "sub-prime" crisis should have little affect on long term real estate investment. Much like the late 80's and early 90's now is the time for savvy investors to find the choice piece of property. For those who buy now the opportunities to capitilize on their purchases is particularly strong in the long run. Cersosimo has always offered particularly good properties at the low end of the market pricing. Our competitive advantages play out even better in a slow market and we are currently very active in making acquisitions in both long term and short term holdings. |
