Artisan/Craftsman/Builder: Opportunity in Uncertainty

Summary

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The news is full of stories about how the housing market is down, foreclosures are up, and loans are frozen. Many people are uncertain about where the economy is headed. The uncertainty has many waiting on the sidelines to see what will happen, afraid to make any major purchases and wondering if there will be a further negative slide in the economy.

The housing market has always had its ups and downs. Like most industries, it cycles through good times and bad times. Still, owning a home is one of the best investments you can make. For most people, home ownership has a good return and is the largest creator of wealth for many Americans. In the last 40 years, housing has earned long-term appreciation of 5 to 6 percent or higher every year except for a period during the early 1990s.

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Artisan/Craftsman/Builder: Opportunity in Uncertainty

The current down trend in housing will provide an economic opportunity for some savvy buyers. There ...

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