By Ilyce R. Glink and Samuel J. Tamkin
Home buyers and real estate investors have been in a good mood for years, since around 2007, when the housing crisis began.
And why not? Historic low interest rates and home values that have dropped off anywhere from 30 to 60 percent are a potent combination.
But you know the tide is turning when home owners and sellers are finding something about the real estate market that makes them happy. In this case, rising home prices and still-low mortgage interest rates have meant distressed property is getting sucked up in waves, establishing a floor against which future real estate appreciation will be measured.
To Read More: http://www.washingtonpost.com/blogs/where-we-live/wp/2013/05/07/real-estate-matters-how-to-be-a-smart-property-investor/
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