
The long- term viability of housing is still a solid investment, if you buy at the right price. If you have the credit, down payment, the time to research and strategize, a knowledgeable Realtor; then sitting on the sidelines during this “shakeout” real-estate market, is a bad idea.
There are tons of new construction/conversion/foreclosed properties where deals are ready to be made. Builders are anxious to offload inventory and it may be possible to own a “new” property, versus a typical resale. The proper cost analysis/comparable sales in today’s market on properties SOLD and ACTIVE will help you determine the gap (trend) when bidding. Knowing the price to offer can make the difference in whether you’re taking full advantage in this buyers’ market (refer to a good Realtor)
312 948-2492.
So don’t let the media and it’s “doom and gloom” outlook of the housing market frighten you away. Successful investors are taking advantage of this market, why not you?
*Check out Suze Orman's site: http://www.suzeorman.com/
http://finance.yahoo.com/expert/article/moneymatters/72774
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