Guy Riordan Reports Buyer's Market in Florida

MARCO ISLAND, FL, June 30, 2011 (Press-News.org) A licensed realtor at IBR Realty, Guy Riordan maintains that now is the time to buy real estate in Florida. According to the Marco Island realtor, real estate is still a good investment in a portfolio. Guy Riordan is a forty-year veteran of real estate investment.

While the downturn in real estate has been especially tough in Florida, Guy Riordan reports that real estate in the Sunshine State remains a great investment. "Many investors are pondering whether or not they should invest," says Guy Riordan. The answer to that question, asserts Guy Riordan, is an overwhelming, yes. "Some investors, I don't mean this harshly, but typically the little guys, follow a herd mentality," explains Riordan. While it may seem safer to wait for a significant upward move in the market cycle of stocks or real estate, it is not always wise. "Earning an income, making money, requires vision and the ability to ride the crest of a wave, not be in the middle of it," says Guy Riordan.

Sales of real estate, according to Florida realtor Guy Riordan, are closing at 2003 prices and lower. "Prices are distressed but markets turn around," states Guy Riordan. And as the typical mantra goes, Guy Riordan points out that the time to buy is when the prices are lowest. Riordan notes that the economy is slowly turning around. "We see unemployment improving and distressed sellers will start working out of the market," says Guy Riordan. This in turn, believes the forty year veteran of real estate, will decrease inventories.

"For some smart investors who have wanted to own a second home, now could very well be the time," reports Guy Riordan. A crucial element for return on an investment property, says Guy Riordan, is another old adage, "buy low, and sell high." According to the real estate veteran, the numbers say it all. "Currently an investment in the S&P 500 has a five year average return of 2.25% and a ten year average return of 2.35%," reports Guy Riordan. The numbers given were as of June 1, 2011, according to Riordan.

While most brokerage firms will not allow real estate in an investment portfolio, notes Guy Riordan, there are other options. "Certain Trust companies will allow such a real estate investment," explains Riordan. As well, those who invest their monies in the traditional 401K and individual retirement account (IRA) may find "real estate a rewarding investment," points out Guy Riordan.

For Marco Island Real Estate professional Guy Riordan, bottom line is important. "And the bottom line is that real estate is still a potentially good and strong investment," concludes Guy Riordan.

For more information on such potential investments that Guy Riordan is describing go to http://www.marcowaterfrontproperties.com. In addition, individuals can contact Guy Riordan directly at: 953 North Collier Blvd., Marco Island, FL 34145 or by email at: info@guyriordan.com

In 1969, Guy Riordan began a life of service as he joined the United Sates Marine Corp. For the next three years of the Vietnam War era, Guy Riordan would serve as crew chief for Sikorsky helicopters earning the rank of corporal. Following his faithful service in the Marine Corp, Guy Riordan earned a Bachelor of Arts degree in Political Science from the University of Albuquerque, graduating Cum Laude. Later, Guy Riordan would attend the Pepperdine University School of Law.

Following Pepperdine, Guy Riordan began working his way through the financial and securities industry. From 1982 to 1984, Guy Riordan served clients from his position with Quinn and Company, a New York Stock Exchange member firm. In 1984, Guy Riordan joined Raucher, Pierce and Refsnes, later moving to Albuquerque AG Edwards in 1989. In 1994, Guy Riordan joined the team of Southwest Securities. Beginning in 1997, Guy Riordan spent the next decade with First Union/Wachovia Securities, servicing clients in the greater Albuquerque New Mexico area.

During this time, Guy Riordan began to pursue another personal passion, boxing. From 2002 to 2005 Guy Riordan Boxing promoted some of the biggest names in the sport. Guy Riordan�s boxing client list included three-time world champion Danny Romero and six-time world champion Johnny Tapia. In addition, Guy Riordan co-promoted NABF heavyweight champion Taurus Sykes. Guy Riordan co-promoted a NABF/NABA heavyweight championship bout between Sykes and heavyweight champion Samuel Peters, featured in 2005 on the Showtime Cable Network. Rounding out his resume of boxing promotion, Guy Riordan was a co-owner of Maloof Brothers Boxing with Sacramento Kings' famed Joe and Gavin Maloof.

Guy Riordan has always held civic duty as important. As a life long resident of Albuquerque, Guy Riordan worked on the Board of Directors for the Hispano Chamber of Commerce. For three years, Guy Riordan also served as a board member for the Albuquerque Museum Foundation. Guy Riordan's life of service would continue into the state government arena of public service.

A former elected commissioner of the La Joya Water Association, Guy Riordan returned to his college alma mater as a member of the University of Albuquerque Foundation, serving for five years from 1982 - 1985. Guy Riordan would later continue his life of public service through numerous positions and appointments. Guy Riordan holds real estate licenses in both New Mexico and Florida and has served as a governor appointee of the New Mexico Mortgage Finance Authority. Guy Riordan was also a mayoral appointee, serving on the Albuquerque/Chihuahua Bilateral Commission, was a gubernatorial appointee as Commissioner for the Judicial Nominating Commission as well as the New Mexico Governors Educational Retirement Board Task Force. Guy Riordan was also given the opportunity to expand his passion for the outdoors by receiving gubernatorial appointment and Senate confirmation to the New Mexico Game and Fish Commission. Riordan was later elected as chairman of the Game and Fish Commission.

An avid outdoorsman, Guy Riordan holds a Master Captains License from the U.S. Coast Guard. A former owner of Rancho De La Joya Game Preserve, Guy Riordan provided an area for upland game hunting along the banks of the beautiful Rio Grande River. Guy Riordan's shooting preserve provided clients with the ability to hunt quail, pheasant, chuckar, snow geese, and ducks and Canadian geese. Guy Riordan's Rancho De La Joya Game Preserve offered a fully automated sporting clays and five-stand course. Guy Riordan's love of the outdoors, including hunting, fishing and kayaking have positioned him on national television shows including Jimmy Houston and Wayne Pierson Outdoors. Guy Riordan also owns http://www.adventurefishing.com

The first love and passion of Guy Riordan is, however, his family. Married for over twenty-four years, Guy Riordan and wife have laid the foundation of their lives on each other and their children. Guy Riordan and his family reside outside of Albuquerque, New Mexico.