Real Estate Market Correction Is Not Over

TORONTO, ONTARIO, Jan 12 (MARKET WIRE) --
If you thought the worst was behind us, think again. The US economy
taking a nose dive and Canadians beginning to feel the pinch is just the
beginning. The nightmare is not over; we will continue to feel the ripple
effect for another 2 years says the president of REClub.

We have already started to experience a sharp decline in housing starts,
banks tightening lending practices, CMHC tightening its high ratio
program, and houses taking longer to sell in Canada. We will continue to
see global volatility, weaker consumer confidence and lower house prices.

However, a market correction is not something to fear; in the great
depression and crash of 89, while the average person experienced troubled
times, there were a small number of people who became millionaires during
the same time. They went against the tide. While everyone was running
away from the market, these people were buying properties at a
significant discount. Remember, when there's a sale at Walmart, most
people buy in bulk, because things are cheap. But, in real estate, most
run the other way. Real wealth is made when you go against the tide and
buy when there is a sale in the real estate market.

At REClub we teach our members that panic in the marketplace represents
opportunity to the informed Canadian. You can build tremendous amount of
wealth in these economic times, just stick to the fundamentals, focus on
value investing and hold on for long-term.

To learn more about how you can take advantage of the declining market,
register for our next free meeting. Please visit www.reclub.ca for
details.

For more information about REClub, or to schedule an interview, please
call 877-9-RE-CLUB or e-mail service@reclub.ca or visit www.reclub.ca.

Contacts:
REClub
Ravinder Tulsiani
1-877-9-RE-CLUB (1-877-973-2582)
Email: service@reclub.ca
Website: www.reclub.ca

Copyright 2009, Market Wire, All rights reserved.

-0-