The number of foreclosures nationwide hit a record low last year, but they are rising this year.That trend is expected to continue into 2007, mortgage-industry officials say, due largely to the dramatically higher payments homeowners face as rates jump on adjustable-rate mortgages.As far as I am concerned there is always money to be made in the Real Estate business.

On a local-scale, where will the market trend?I

Glad the trend is continuing.

That is one thing I look for... the conversion of abandoned buildings and the influx of trendy restaurants.  

I think a consistent growing trend is a requirement, and then appreciation/growth potential is an option.

You have some trendy areas that go through revitalization.

There are a lot of trendy sections of Cleveland that are up-and-coming And I would like to find a multi-unit properties to fix up and rent using FHA 203k loans w/ home hacking.

We're overdue for a recession at the national level, all fundamentals say Seattle (and many other trendy markets) are waaay overpriced, and you run negative cash flow.

But long term trend is a more stronger (than today) Re compared with the $$.I know its sounds like a class project for which I need some homework help ...

So watch the trend. Is