05.09.2012 - For real estate investors, time to scout new locations
With the real estate recovery finally looking real, some investors are jumping into red-hot real estate investment trusts (REITs) to get more property into their portfolios. But there may be better places to locate if housing continues on its present path to recovery after five miserable years. Optimism grew last week as U.S. home prices rose a fourth month in a row and sales volume increased, both gaining about 10 percent compared to a year earlier. Perhaps more important, the number of foreclosure-forced sales is down by more than 20 percent from last July...........................................Full Article: Source
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