Bottom Feeding in Real Estate
Posted August 7, 2008
"If you think we’ll have a thriving real estate market again (and it’s only a matter of time), mortgage companies and home builders would be good investments." — Andrew Gordon
Blogger’s note: The real estate crash isn’t over yet. Mortgage companies and home builders may still have further to fall. But according to Andrew Gordon, now is be the time to start scouting for bottom-feeder stocks in the real estate market. Andrew advises his Early to Rise readers not to buy until they start seeing housing stocks move back up, but he does give a good set of guidelines for picking out real estate stocks that will survive the current crash and prosper once it’s over. Read on below to learn those guidelines and more.
by Andrew Gordon
Baltimore — (TFN): Wilbur Ross is a multi-billionaire and legendary investor. He made his money by buying hated assets - like steel when nobody was touching it and Japanese banks when they were saddled with debt (Sound familiar?).
So what is he buying now? Anything that has been hurt by high oil prices. He just purchased an Indian airline, for example.
*** Analysts predict that oil could trade at $175—or even $225—by December. But insiders and hedge funds are betting serious money on falling prices. Find out how to follow the smart money… ***
Mr. Ross is a confirmed contrarian who likes to run ahead of the Wall Street pack. He loves to buy when the market knocks down the prices of assets and companies he thinks will bounce back. Banks, insurance companies, mortgage companies, home builders, and some retail companies are the ones now getting killed by the market.
If you think we’ll have a thriving real estate market again (and it’s only a matter of time), mortgage companies and home builders would be good investments. Choose the ones that have been punished unfairly by the market… Read on to learn more.
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Related Articles
- U.S. Real estate finds a bottom: The results are in - October 8, 2008
- Real estate bottom: Are we there or is a major drop on the way? - October 7, 2008
- Has Real Estate Hit Bottom? - July 28, 2008
- Real Estate 101: Don’t let the desperation fool you - September 26, 2008
- Real Estate Crunch: It’s all over - February 12, 2008


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