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Five Long-Term Real Estate Picks

Stock quotes in this article: WMT  

Like most Millionaire Zone investors, you invest long term. You like real estate because it has a solid long-term, fundamentals-based track record over the long haul.

So why does every real estate forecast you read only take you through the end of this year or 2008 at the latest? Short-term forecasts are nice -- especially if you're a real estate agent -- but as a real estate investor, I like to look at the longer term.

I know my crystal ball can't forecast interest rates much better than anyone else's. And that makes predicting specific prices say, 10 years down the road, a real stretch.

So I won't do that. But here's what I can do: I can predict which residential markets are most likely to see strong and sustainable growth over the next decade. ...

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