Time and time again you’ll hear the advice of, “if you are going to invest in something, then invest in land.” East Texas real estate holds its value over time, and most of the time only increases in value. While it is true that the current economic condition has seen a decline in the fair market value of real estate, in most cases the property is still worth as much or more as when it was originally built or purchased.
And the economy will stabilize and see a turn back toward increasing values. The market has already started to show signs of recovery and prices are beginning to level out. There is still time to take advantage of the East Texas real estate buyer’s market, but how much time exactly is difficult to say. The best course of action if you are considering purchasing a home is to act now rather than later.
Even if you already own a home, purchasing a piece of East Texas real estate could turn into quite a lucrative investment over time. Since prices are still low and the market does seem to be showing signs of a shift, you could very easily pick up an inexpensive property, wait a few years, and then sell it for a very nice return on your investment. If you are in the position to invest in this way, then this is the closest thing to a guarantee you will ever encounter in the risky world of investing.
