Finance Point

June 18, 2007

Best Buyers Real Estate Market Ahead, Says New Report

Filed under: Real Estate Tips
The next 12 months will be the best time to invest in the U.S. housing market, according to a new report by Housing Predictor. The sub-prime loan melt down has produced a near record level of foreclosures, providing the highest number of lower priced homes in many years in a majority of the nation’s real estate markets.

Housing prices in three out of four markets have fallen. Some markets located in California, Florida and Nevada have seen closing prices drop from their peak as much as 40%. Many markets are still suffering the after affects of the national real estate slowdown. Economists say it will take another 18 months for the markets in many states to recover with higher sales volumes.

Housing Predictor forecasts more than 250 local housing markets futures in all 50 U.S. states. Eighteen states markets are appreciating, including Texas and New Mexico, which are the strongest appreciating states in the nation. Pending sales of homes in Albuquerque, New Mexico, selected as Housing Predictor’s top appreciating market in 2007 are rising. Read More

Some More Real Estate Resources :-

PropertySky.com - Malaysia Property and Real Estate Web Portal - Malaysia property and real estate web portal provides you all the information you want to know about property and real estates in Malaysia. A place where you can find malaysia property for sell, new developments, rentals, real estate agencies, home loans, property events, home related services and more.

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