According to the latest Gallup poll homeownership in America has fallen to the lowest rate in over a decade. Yet more people are interested in buying than ever. What’s the bottom line for buyers, sellers and investors?
Is buying a home to live in a smart move as a first investment property? Many would argue that a residence is not a true investment at all and that all real estate investments must be managed like a business. On the other hand Warren Buffet names his own residence as one of the best investments of his lifetime. Both of these views are essentially correct.