| From nuwireinvestor.com: There is no doubt that it is more difficult to profit from a falling real estate market in the short term. However, some of the most successful real estate investors in the world made their money by buying when everyone else said to sell. While the overall market is declining, there are still countless opportunities for great returns if you look in the right places and time your purchase well. This article will give you enough simple tips to determine whether it's time to start buying or keep looking. Regardless of market or region, you'll learn how to love the opportunity that a slow market creates.
Focus on the regional market: Every region has a unique story to tell. Edmonton, Alberta has enjoyed a huge increase in home prices over the last few years. Now they’re experiencing a cyclical plateau that will probably last into the Q3 or Q4 of 2008—and then house prices will pick up again. This is where your knowledge and research earns you great dividends. Target your area and review the economic fundamentals that fuel it. Look for:.... Full Article: Source
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