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Updated almost 9 years ago on . Most recent reply
State of the Real Estate Market Today?
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!
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#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
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#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
@Jorge J. 100% regionlized there are markets that are as strong or stronger than the market prior to the meltdown.
Other markets have not recovered at all and may never.
just depends on where you want to go.
when you say vacation and your on the east coast that leads one to think Carolinas down to Florida.
Florida and rebounded nicely from what i have seen
- Jay Hinrichs
- Podcast Guest on Show #222
