According to NAR, existing home sales are up a little, and inventories are down a little, meaning that the months supply measure is down a little. It could all be within the confidence interval of the estimates, but still, it is the first decent news in awhile. Lawrence Yun's commentary is pretty much on the mark.
The big drop in the Case-Shiller Index is not so bad either. As prices fall, the rent-to-price index rises to a point where it is fundamentally wise to buy a house. The sooner this happens, the better.
On the whole, real estate investing is a risky task, having a real estate expert while framing a decision is a wise idea.
ReplyDeleteThere are several real estate gurus’ who will help you in framing the right decision. David lindahl scam is one such great real estate connoisseur who can help the frame the right decision at right time.
The real estate portfolio should be of that sort as well, planning is something very imperative and details about the property type and sound income-producing property details should be categorized within two investment units. Nevertheless, two investment units should be framed out along with the risk factor; such that it will give a detailed specification.