Orlando Real Estate

I titled my blog Real Estate Optimist for a couple of reasons. First, the obvious one is that I sell real estate. I became convinced that I wanted to have a career in real estate in graduate school at Rollins College. In one of my Investments classes we discussed a study the University of Chicago conducted analyzing all types of investments along what is called the efficient frontier. The efficient frontier is a curve that defines the optimum portfolio return for a given level of risk. The only investment found to be in every efficient portfolio was...wait for it...wait for it...real estate. They did not just include the typical stocks and bonds type of investments either. Commodities, art, wine, coins and stamps and other types of investments were included in this study that went back to the stock market crash of 1929. It made intuitive sense to me since, owning your home provides a sense of security and safety from market factors.

But why Optimist and not Realist? Let's face RealEstateRealist.com would be a great play on words, but I have seen time and time again on my customer surveys that my enthusiasm is what attracted people to me. Believe me, I get down in the dumps too, it's easy to be a pessimist. When was the last time you picked up the newspaper and read good news. OK, if you are a UCF Knights fan like myself, the Orlando Sentinel has had lots of great articles about UCF's first ever win over a top 25 ranked team. Our men's basketball beat UMass in their season opener, and our women's soccer made the NCAA's ranked in the top 20. So there has been a lot of great news for UCF athletics this weekend. I have been a fan since 1982 when I started at UCF. I have traveled to Troy, and sat through pouring rain in 27 degree weather, and Georgia Southern, Eastern Kentucky, Georgia, Georgia Tech and a couple of trips to Florida. There was not so much good news back then, but I was optimistic.

Real estate has been a reliable investment in the past, and it is again now that the market has stabilized. If you don't believe me, what about all those investors buying up foreclosures?

Orlando Real Estate, David Welch Real Estate Optimist, As Seen on House Hunters