The market is starting to show signs of life. Is it dramatic. No. But home prices are leveling off and people are starting to buy. And the good news...they're all getting homes for far better prices than just a few years ago.
The rental market is booming and has been for a couple years... this will continue. When you can't buy a home -- you rent one. So the news is good for investors too.
Now the big question, commercial real estate. Everyone thought this year was going to be a bad on for the commercial market, but it seems the news of its demise was reported too late, it had already died and is now beginning a slow climb back out.
So get ready people, the ride will continue to be bumpy, but at least there will be a ride again.
Tuesday, February 8, 2011
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