The June jobs report has come in, and only about 18,000 new jobs were created in June. This is a disgusting number, much lower than anticipated, and continues to show the weak US economy.
However, there are a breed of entrepreneurs out there, that understand that times like these present some of the best opportunities available. And there are markets where real estate is still in high demand, and thus the investors that find the bargains, win. Just like they always have.
The media loves bad news, so “Foreclosures Skyrocketing” sounds and sells a lot better than “Increased Rental Demand”. So just know that there are some incredible opportunities out there right now.
Andrew Jeffrey has more on this here.