30.09.2011 - How to play it: Real estate's bright spots hard to locate
The S&P Indices/Case Shiller recorded a fourth consecutive month of increases. Existing home sales jumped in the latest report. Low-rate mortgages have boosted affordability measures. Is it time for investors to start looking for real estate? After a five-year slide from the price peak reached in 2006 is it finally time for the housing market to rebound? Not for single-family homes, which are still being jack hammered by foreclosures and unemployment, analysts say. And not for home builders, whose stocks remain deeply depressed..............................................Full Article: Source
Print