By Greg Rand, CEO, OwnAmerica
RISMEDIA, February 22, 2011—I use Florida as a metaphor for the unique opportunity that this economic crisis presents to investors. Florida is a market that has performed wonderfully for investors for decades, but it is in a very tough spot right now. Over development, over speculation and wild lending practices have damaged the market, temporarily. But what is the long-term picture for Florida? Here’s a hint – it’s a bright future.
Editor’s Note: Prospering in the Real Estate Revival is a weekly video column by OwnAmerica CEO Greg Rand (@gsrand on Twitter). Each week Rand will offer his expert insights into how to grow wealth in the current real estate market.
Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.
Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com