8vFanI/iStock via Getty Images I think that now is a good time to buy more preferred shares of REITs. There are two simple reasons for this. For one, a lot of them remain heavily discounted relative to their par value and offer up to 10% dividend yields and upside potential as interest rates are cut in the coming quarters. For two, as we pointed out in our most recent market update, inflation ex-shelter is now below 2%, and this greatly increases the likelihood of interest rate cuts in the near term. Ac ...