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Home › Forums › Financial Markets/Economics › It’s always a good time to buy something!
You can buy REITS in an IRA.
But, there has already been a big run-up in REITs, particularly apartment REITS.
An example is REZ (a REIT ETF).
This bottomed in 1Q 2009 and has nearly tripled since then. I happened to have purchased somewhat later (Nov 09) and it has run up almost 60% since that point.
I think the easy money has already been made in apartment REITS for this cycle. Don’t know about commercial REITS, but they’ve had a signifcant run since the bottom as well.
Yes I believe you are correct, and as if that needed reinforcement there is a flip house around the corner from me that has sat on the market for close to a year now. Amazing! Well on another front I guess I will stick my toe into the refi thing again. Money saved is money earned.