Investors are becoming more comfortable with real estate after the six-year housing slump, which brought prices down nationwide by 35 percent, according to the S&P/Case-Shiller index. Many remain skeptical of stocks, even as the Standard & Poor’s 500 index has more than doubled since falling to a 12- year low in March 2009.
“I’d rather buy real estate than gamble on the stock market or get almost no return from putting my money in a bank,” said Barton Wallace, 60, a real estate investor and broker in Hingham,Massachusetts, who owns four rental properties. “I don’t have any problem getting tenants.”ttp://tiny.cc/i0smnw
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David Cooper 702-499-7037