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Is Now a Good Time to Invest in Real Estate? (2019 Update)

While most young adults and new families struggle to even create a savings account, much less consider investing for the future, now is one of the best times in recent history to make investing a priority.

The fact is that investing is what moves a person or family from one income level to the next. Getting raises or second jobs only creates more opportunities for spending; investing is what builds permanent wealth. And one of the most common types of investments is real estate.

But after so many millennials grew up or came of age during the housing market crash in the 2000s, it’s easy to see why the current generation of young investors would be hesitant to put money into real estate. However, the real estate market has finally bounced back, and many investment experts believe that the current year is the best time to buy real estate.

Interest Rates

The first reason that this year is the best time to invest in real estate is that interest rates are still very low. It’s an interesting fact, because before 2016, interest rates were actually climbing, and most analysts predicted a hike in rates. That doesn’t mean that they’ll continue to drop, however. Experts agree that the rates will start climbing again very soon. This is the year to get in on real estate before those go right back up.

The Perfect Storm of Affordable Urban Growth

A decade ago if you wanted to invest in real estate, you looked in New York City, San Francisco, or other major cities such as those. But the prices in those areas have climbed to astronomical rates that many new investors could never afford on their own – and could certainly never make a profit on.

But there’s a perfect storm brewing in up-and-coming cities such as Dallas, Houston, Raleigh-Durham, and Berkley. These places aren’t historically real estate stars. But thanks to sudden growth in the business sectors of these cities, real estate construction has picked up – and yet these areas are still priced much lower, based on the historic housing prices of what were once less populous areas. Now is the time to take advantage of these low-priced homes and commercial buildings before the prices catch up with the growth.

You Can Invest from Your Home

Thanks to the wonders of the Internet, you don’t even have to leave your home to invest in real estate. In fact, through crowdfunding platforms, mobile apps, and tons of investing websites, you have more options for real estate investing than ever before. You can research properties all over the world, take advantage of market growth in other areas, and send and receive payments for investments from your phone if you wanted to.

Crowdfunding especially has changed the way that many real estate investors are interacting with potential properties. Because it requires a smaller investment amount, and gives investors the chance to diversify with many investment opportunities, crowdfunding real estates platforms have grown exponentially over the last year.

The Year of Free Knowledge

Finally, the last reason that this is the best year to invest in real estate is that knowledge is totally free. It used to be that real estate was hidden behind expensive courses and a country-club mentality. These days, researching a property, or an investment opportunity, is as easy as sending a text message.

There are thousands of websites, blogs, eBooks, forums, podcasts, and many other free educational sources online that can be accessed at any time. Have a question about a new type of real estate investment? You can easily shoot an expert real estate blogger an email, or connect with other investors through a forum or a social media website.

For all of these reasons, real estate has never been a more attractive investment. As more young adults and families start focusing on creating a stable future through investments, real estate should always be at the top of the list.