A buy signal on Wall Street ? A buy signal for Real Estate ?
Is Warren Buffett now the white knight for the financial markets ?
Last night, it was announced that Warren Buffet was invested at least $5 billion dollars into the investming banking firm Goldman Sachs. Buffett is known for his timeliness in the market. Is this a sign that the worse is over ? Is this a buy signal for investors ?
If so, this is a huge catalyst for the end is near in the housing crisis and mortage meltdown. With Buffett's investment and the Paulson plan about to receive imminent approval from Congress, will our bank's liquidy be shored up ? Will credit move more freely ?
If you believe that the worse is near, than this is not only a great time to be reallocating one's 401K, to make new investments into equities, and more importantly to us, a big sign that this could be one of the best times in United States history to purchase real estate !!!!!!
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