Comments on: Effect of Economical Factors on Real Estate growth

By: San Diego Homes Pro

San Diego Homes Pro — Thu, 14 May 2009 21:06:42 +0000

I’m a firm believer that people will look back on this time as one of the best-ever opportunities to invest in real estate. There are signs that the San Diego real estate market is beginning to turn around already. Smart investors are resisting the herd mentality which currently says that this is the worst-ever real estate disaster, and that we will never recover. Surely that is not the case. Entry-level homes are again being overbid on a regular basis in San Diego and the surrounding communities. We’re back to the old adage of location, location, location.

By: Hopkinton MA Real Estate

Hopkinton MA Real Estate — Fri, 15 Feb 2008 02:56:07 +0000

The premise that Real Estate will always be an good investment should be restated to be “Long term investment”. Most parts of the United States are experiencing a down turn that is expected to last at least another year. In the area of Massachusetts that I am located Hopkinton/Metrowest, the peak in the Real Estate market was the Spring of 2005. The last 2.5 years the market has steadily declined. If you bought a home anywhere from 2004 until now you are losing money upon selling. I don’t call that a great investment. There are many people across the US that owe much more than their home is worth. Sure Real Estate is a good investment if you plan to be there for a while. It is no longer a gauranteed investment though.

By: Jacqui, Las Vegas

Jacqui, Las Vegas — Wed, 13 Feb 2008 00:57:13 +0000

What a lot of people don’t realize is that the mortgage and real estate issue effect the economy as a whole. Not just ours, but overseas as well. You are absolutely right of course. People will always need a place to live. That’s why Vegas is coming back a little quicker than expected, we still have over 5,000 people a month moving here and the job market is still strong.