karchad

ICF: The Surprising Rise of REITs in a Real Estate Downturn

It's no surprise that any real-estate sector is up. While amateurs bombard blogs about how bad the news currently IS (meaning to them that this how it always will be forever), the investment professionals, or experienced individuals realize that this is precisely the time to buy. ITB bottomed out at about 13.5. It's now at 21. How can that be when the news is so bad? Well, the pros know, and the amateurs wait till the news is all good to invest.