Loan closing costs are much more efficient across just 5 loans as well.Personally, I think the inexpensive homes have the most room to rebound in price over time.

He said the low point homes here 1200 sq-ft, $130K, are slow moving, high $300K+ better he attributes to senior’s investment portfolio’s rebounding.

Finally decide to take the house off the market and wait it out, well the market took a long time to rebound and it took me even longer to lower my price.In 2011 i lowered the price and re listed it and sold it the first week.

He explains the cause of the crash, which we should all know about anyway, but he claims that the the only reason the market has rebounded is because of QE (Quantitative Easing) aka Federal Reserve printing money and putting it back into circulation.

Here are a couple of my favorite articles about the city:http://m.metrotimes.com/news/news-features/detroit-s-real-estate-market-sees-rebound-1.1580633http://www.forbes.com/sites/realtorcom/2012/06/14/detroit-real-estate-comeback-kid/

The best rebounding market I have seen is the BETTER parts of Atlanta,,, PHX and VEGAS along with of course West coast..

With the recent Real Estate rebound, your existing property may have some equity in it.

Yet thousands flocked in to be plucked because of a spike.The people that I know that KNEW their appreciation rates and long term rent growth stayed with the areas that "investors" shy away from because of INITIAL lack of cash flow and misunderstanding of what an appreciation rate is.Some were convinced to 1031 to the "cash flow" locations and saw their money go down the drain while their properties and rents in Hawaii and California lost little value and rebounded very quickly.The lesson to learn is to KNOW all the financials of the area you are investing in and don't buy cheap for cheaps sake AND immediate cash flow is not a predictor of profitability.

Having been through recessions, we knew that southern California, ad specifically Orange County would be one of the first to rebound, and wanted to be on the front end of that.I wrote a blog post on the subject of high end areas.High priced areas there's also been some great Podcasts done on the subject.

If we did not buy in 12 months that $3600 was forfeited to the seller.This was in 2011 and in that year our area rebounded greatly.