Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Will 2009 Be the Year the Real Estate Market Turns Around?
As most of us have witnessed to one extent or another, 2007 and 2008 were two of the worst years for the real estate market that we've seen in our lifetime. Some have compared the current real estate market slump to the real estate market crash of the 1980s, when the affordability of home ownership dropped drastically due to record-high mortgage interest rates, which peaked at a whopping 18.45 percent in October of 1982.
While prices of real estate may not improve much in 2009, there are indications that we may see some semblance of a recovery this year. This ultimately means we could actually see an improvement in real estate prices that have been tumbling in a downward spiral for the past two years.
One of the main reasons for this glimmer of hope is that many "experts" anticipated the market bottoming-out in 2008. The real estate market is cyclical; recovery can't begin until the market reaches rock bottom. In order to know where we're going, we need to know where we've been; in order to understand the recovery of the real estate market, it's important to first look at the factors that left us with the real estate market ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention