REALITY: There are people with too much money who don’t know what to do with it. There are people who do not have enough money who would do anything to get it. Somewhere between each individual struggle lies a middle ground. Many bridges can be built between the two, but one particular bridge and opportunity found within our society today is: real estate. IDEA: Real estate investing may, in the end, help solve the dilemma of the rich and the not-so-rich.

What does this all mean? Well, with the state of the housing market right now, therein lies the unprecedented opportunity to buy a home. TRUTH: It’s a buyer’s market. I would say that it is not only a buyer’s market, but also among them is the greatest transfer of wealth of our generation. “I eat?” You say.

Well, there are several reasons why/how/because:

1. The increase in short sales and foreclosures. This has led to an unprecedented amount of distressed inventory in area markets, allowing those who previously couldn’t afford a home to really consider making that big purchase. It has opened the door to a huge influx of first time home buyers. For real estate investors, foreclosures have allowed investors to buy homes at surprisingly low prices, fix each one up, and then relist it for a very reasonable price, making the sale beneficial to both the buyer as for the seller.

2. The $8,000 first-time homebuyer tax credit. This was included in the stimulus package that was passed in February 2009. This tax credit is essentially “FREE MONEY” for ALL first time homebuyers. Does not have to be repaid AND will not be taxed. WOW. That big chunk of change is extremely motivating and encouraging for those on the fence about buying that first home.

3. Amazingly low mortgage rates. Mortgage rates across the country are falling because banks and mortgage companies want to sell. This benefits buyers because they are saving a lot of money and it benefits sellers because buyers are buying houses faster than ever before.

Nobody wants to sell their house more than the seller himself. Nobody wants to buy a house more than the buyer himself. It’s about connecting the two, bridging the gap, and ultimately transferring wealth between people. We all know that the market is like a roller coaster, constantly experiencing its ups and downs. It is important to get involved and participate while the opportunity exists and thrives.