Has the real estate market started to turn around yet in the U.S.?
Maybe, but I think it could be heading for another crash, average houseprices should be around 4 times the average wage, however they are currently between 8 and 12 times the average annual wage, depending what part of the world you are in.
Depends on the area and asset type...residential real estate in the hard hit, former boom areas--Florida, California, Nevada seem to be bottoming out. Home builders aren't building to the volumes they used to but the population is still on the increase (except California). Many of the buyers are now renters which will push up prices of residential rental real estate.
If you believe the economy is on the increase, then the office and retail market might have a good turnaround in the next two years.
by Donte Mazyck 14 years ago
Now is the time to step into the real estate industry and make money. Warren Buffet, the worlds richest man, said during turmoil is the time to make staggering profits. With the real estate market close to the bottom its time to get into houses and ride the appreciation or profit...
by Kelly A. Kline 13 years ago
I think the next 3 months will be the best time ever to purchase a home. Your thoughts?One agent felt that there would be another dip.I asked this question the other night and an established owner of a plumbing company felt homes over $2 million in the US were a stable value - everything...
by c1234rystal 12 years ago
Is real estate a good career to get into?I've been offered an internship in real estate and am going to take it. Since it's in France, I'll be translating housing ads into English while improving my French before I start to actually work with clients. What I want to know, is, is real estate picking...
by Pankaj Pathak 14 years ago
What would be the future of real estate market in this recession period?
by PiaC 12 years ago
Is it a good time to invest in real estate now? or is the market still falling?
by ngureco 13 years ago
Are There Workable Investment Plans In Real Estate For People With Small Money?
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