Posted July 13, 200816 yr fannie mae and freddie mac stocks are prety much at firesale prices. do i buy large amounts? im looking for long term.
July 13, 200816 yr I believe both could make a decent profit if you are willing to hold on to them long enough. If you are truly interested in LONG term then sure, go for it. But don't fill your portfolio with nothing but that. That section of the market(residential) has been crazy lately (especially here in SoCal). Things will stay as they are for a while, then things will calm down and the demand will return. I myself have been thinking about branching out into some residential real estate/mortgage investments lately. I work for a large Master Planner/Commercial real estate investment company (We also do a lot of residential homes/appts./community planning, but I deal only with the commercial aspect) , so my knowledge of residential is not as up to date as it should be. Edited July 13, 200816 yr by Captian
July 13, 200816 yr I believe both could make a decent profit if you are willing to hold on to them long enough. If you are truly interested in LONG term then sure, go for it. But don't fill your portfolio with nothing but that. That section of the market(residential) has been crazy lately (especially here in SoCal). Things will stay as they are for a while, then things will calm down and the demand will return. I myself have been thinking about branching out into some residential real estate/mortgage investments lately. I work for a large Master Planner/Commercial real estate investment company (We also do a lot of residential homes/appts./community planning, but I deal only with the commercial aspect) , so my knowledge of residential is not as up to date as it should be. no dont listen to dis boi he dont know what he is talking about and lies from his teeth i belief it would be best in ur situation to surprevise further until you come upon decision dat suits you n your moms best
