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.

BUYING REAL ESTATE FOR INVESTMENT: TIPS FOR FIRST TIME BUYERS
 
BUYING REAL ESTATE FOR INVESTMENT: TIPS FOR FIRST TIME BUYERS
Well, it's only taken half a decade, but the dying real estate market is finally starting to show signs of life. If you're thinking about making a move on a piece of property, now is perhaps the best time. You can still take advantage of the low prices in most places around the country, and the mortgage rates are on once-in-a-lifetime lows: you can find 30-and 15-year fixed mortgages at about 4% and 3% respectively.
Many aspiring home buyers are surprised to find that a confirmation of the bubble era is back: the bidding war. According to a recent survey of 28 housing markets conducted by the Wall Street Journal, there are fewer homes for sale in each of those places than there were last quarter. This relatively tight stock in the markets as varied as Sacramento, Phoenix and Washington, DC, dictate that the law of supply and demand will kick in. Even in places like Long Island, NY, where there is still a depressing 16 months building properties (brokers consider six months’ worth a healthy number), the number of available homes is falling.
If you're a first time buyer looking to put money ... more

__________________________________________________
Are you on The Rain? Grow Your Network!