State of the Real Estate Market Today?

[Jorge J.]

Hello all,

I am currently thinking about investing for the first time in Real Estate. However, it will not be for me to live in, but instead, it will be a Vacation home / Rental.

Wondering what the current state of the Real Estate market is right now? Is it a buyers market or sellers market? I understand that the mortgage rates are still very low, but have heard that the rates will likely be going up very soon.

Guidance for a Newbie is appreciated!