No Real Estate Rebound Until 2013? Does it matter for investing?
by Fortune Builders
Some are now predicting no real estate rebound until 2013. Could this
be true and even if it is does it matter to real estate investors?
First it was 2011 that was supposed to be the year of the great real
estate rebound in the US. Then as it got later in the year some began
changing their predictions to a rebound in 2012. Now, before we are even
there others have come out forecasting that the housing market won’t
recover until 2013. So what’s the real deal and how does this affect
real estate investing?
For a start these latest predictions completely ignore the markets
which are already on the up and which are seeing gains in both home
values and sales volume. In fact many markets are seeing very stable
figures and returns to acceptable inventory levels, while some are even
breaking records.
Is it true that some cities continue to struggle? Absolutely. Some
may even see home prices slide a little further. However, all real
estate is local. There isn’t a switch to flip or we won’t wake up one
morning and the whole country won’t be automatically fixed but progress
is being made and real estate investing flourishes all over the country.
There are so many dynamics that affect real estate sales that no one
can 100% guarantee where prices will be in 6 months from now or 5 years
from now, though for now all signs are positive that we are entering
another growth period.
Still, speculative real estate investing should be a thing of the
past anyway. Wise investors should be making their money when they buy
and shouldn’t have to gamble on the market’s ups and downs, at least not
with more than they are willing to lose.
It doesn’t matter where you live or which are you are most interested
in investing in, there are real estate investing deals to be found.
With the right real estate education and the right strategy it doesn’t
matter where the market is headed, there are benefits of investing
either way.
Those focused on flipping houses who buy low don’t need to hold
properties at all and really don’t have to take on any risk associated
with holding or just ‘hoping’ for buyers. While those concentrating
their real estate investing on buying and holding shouldn’t have
anything to lose either. Providing your properties are cash flowing you
can wait out any fluctuations and sell when you are ready, if you ever
want to.
not for buying hold or flipping
go to Fortune Builders
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