With the current surge in home prices this year, the median price for a residential property is now at $333,500. This is far above what most people living here in Columbia County can afford. The result of this is that many first-time home buyers are having to put their plans to buy a home on hold. This will push the demand for rentals to a new level, thus pushing rental prices even higher. Investing in multi-family homes would be a wise move to consider. As mortgage rates remain at historical lows, banks are more willing to finance investment properties which also reduces their risks. Another option to explore if possible, is to live in one of the unit’s for at least one year, thereby being able to qualify for an FHA loan, as an owner occupied property. You also would benefit from the even lower mortgage rates, as well as smaller down payments. Under the right circumstances you may enjoy the additional benefit of living rent free, if there is sufficient income to cover your expenses. Owning Real Estate as part of your portfolio can provide some insulation against the possible uncertainty of the stock market. Good Luck in the new year!