by Lee Adler
Wall Street Examiner
According to Jeff Reeves at Marketwatch, this is the best time in history to invest in real estate. Having spent half my professional life in the real estate business and the real estate finance businesses, let’s just say I was “curious” as to how he reached that conclusion. So I wiped the chocolate milk off my face that I had just spit up through my nose, took a deep breath, and dove in.
Reeves started out on the right foot:
Ads for house-flipping seminars have returned to AM radio and late-night cable TV in many markets — and so have Better Business Bureau complaints. So-called “liar loans” or “Alt-A mortgages” that played a big role in the housing crash are increasing in popularity. And, of course, there are the fears that a low-interest-rate environment has already prompted everyone to refinance and has artificially created demand for housing thanks to cheap access to mortgages.