Top 12 Reasons Why TODAY is the Best Time in Years For Investing in Real Estate Published: 26.10.2008 | Author: daleserbousek | Category: Real Estate Once upon a time http://www.discountairmax270wholesale.com/ , in the seemingly unending real estate booms of the 1980s and 1990s, everybody who could scrape together a down payment and keep the payments up for about three months could flip the house for a profit. Homes in the Sunland-Tujunga area of Los Angeles County, the northwest corner where high-priced Southern California price infl one hog-wild quite as fast, more than tripled in value between 1997 and 2007 (average $165,000 to an average of nearly $500,000).
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9. Super selections are everywhere. There are tens of thousands of listings in large metropolitan areas, and plenty in the wide open spaces, too, so you have choices that buyers in a hot market c dream of. In some areas, there are ten times as many homes on the market as three years ago. In addition, the number of foreclosures, bank sales and seizures means that another source of listings is coming online cheap air max , and should be ongoing.
10. A truce has been declared in the bidding wars. During the hot market years, there could be as many as 20 offers on homes in the desirable neighborhoods of L.A.鈥檚 San Fernando Valley. What this suggests is that a lot of people were buying their second picks, or even settle for their third or fourth favorite homes. Now there is much less competition for homes, so the jackboots and body armor can go back into storage.