The difference between those that succeed and those that fail.
Over the years people have become discouraged with the ups and downs of the housing market. For some, it may seem like buying a home is forever out of reach while others are learning how to navigate the market and make a serious profit in the housing industry. The difference between those that succeed and those that fail with investing in real estate is how well they understand the real estate cycle.
Thursday, November 28, 2013
Wednesday, November 13, 2013
American Real Estate Market
The Overall Condition of the American Real Estate Market
We have gotten used to hearing bad news about the U.S. housing market, but after five years of disappointing numbers, 2013 is revealing a light at the end of the long, dark tunnel. The prognosis for this year is optimistic if not robust, as prices have slowly begun to climb from the historic lows the country experienced when the mortgage bubble burst. This is not only good for the housing market but for the economy as a whole, as the former is inextricably linked to the latter.
A survey taken near the end of 2012 found that real estate agents and brokers agree that the positive indicators that started appearing in mid-2012 are definitive signs of an impending recovery.
The Tides are Changing
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