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Here’s an Expert’s Take on the Real Estate Market

I was a couple weeks into a research project whose goal was to find some housing-related investments for you when I saw the interview in which hedge fund demigod John Paulson said he was bullish on the U.S. housing market. (Remember, this is the guy who made a fortune shorting housing during the financial crisis that left us where we are today - something still known as "The Greatest Trade Ever").

Rest assured, I'm continuing that search.

In the meantime, I wanted to tell you about some insights that a respected local real estate guy - a person I've dealt with my entire professional career - shared with me over breakfast at a local diner last Wednesday morning.

His name is Geoffrey R. Close, and he's a real estate broker and investor in one of the higher-income suburbs north of Baltimore.

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