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RyanB · Joined: 06 Apr 2007 Posts: 5

What is good or bad about the current real estate market? Do you think there are a lot of good deals out there now?

nickearth1 · Joined: 03 May 2006 Posts: 3

I would absolutely buy real estate in this market! Interest rates are still low, there are lots of deals out there and just about everything is negotiable.

ferozd · Joined: 20 Apr 2006 Posts: 3

absolutely! When the news media get on the bandwagon about bad economy and bad real estate market, eventually all segments are affected. In the area you are interested in try to see if the market is really depressed or if it has just been affected by bad news.Don't by like you are shooting dice, take your time and find the right place for the right price. Good hunting!

mangal · Joined: 26 Jul 2007 Posts: 3

I would buy now because I have represented buyer's last month that saved over $40,000 on their home. Based on recent comparables in the same neighborhood.You need to work with an agent who knows how to find good deals. MOST of the homes on the market today ARE NOT deals.When a home goes from $200,000-400,000 then the seller's are willing to drop the price to $380,000 THAT'S NOT A GOOD DEAL!Hope this helpsTerry S.Http://www.Welcome2Arizona.com

trovalta_stinks_2 · Joined: 25 Mar 2004 Posts: 5

I absolutely will not buy in the current market. There were over 7000 single family homes on the market in just this one county last time I checked the numbers. Foreclosures are happening 6-10 each day here. Property values are tanking. I would not buy a depreciating asset.Good deals compared to 2004, perhaps. Homes priced where they should be for the incomes in the area? Not here.

NoahM · Joined: 25 May 2003 Posts: 5

It's a good market to buy now. If you want to buy as an investment, be prepared to keep the property for at least 5 years before you make good money.

gofrfkim · Joined: 18 May 2007 Posts: 7

if you learn 'how' to buy real estate,you can and should buy inEVERY market.You can use certain techniquesto ensure you minimize yourrisks and maximize your returnsDon't believe the bad press...Educate yourself, and change your lifewith real estateMost naysayers don't understand how totruly buy in any market, so their opinionis polluted by inexperience...Educate yourself, and thrive...

Rilly · Joined: 25 Oct 2004 Posts: 3

Hi,It is a great time to buy real estate. You do have to buy right -- at 70% LTV or less which is very do-able in this market. (I prefer to buy lower, but I am doing short sales.) Also, you are more likely to get owner financing on properties and you can structure the deal to ensure good cashflow for income properties or get an affordable deal for yourself. But you do need to learn your market and learn how to structure deals. You cant jump into this market blind. We are facing another two-three years minimum of foreclosures and the market will continue to decline or hold steady.Best of luck to you.Barbarawww.therealestatebirddog.com

MamaMia · Joined: 30 Jan 2007 Posts: 2

I absolutely would, and I have been. Low prices and historic low interest rates. Its the best of both worlds. I would be buying all you can right now, you will be happy in 7 yrs from now when you hit the payday.

flossiedots · Joined: 22 Dec 2005 Posts: 5

It depends actually. The current real estate market for different types of properties are different.Some of properties are good to buy and some of properties are bad. It depends on its location and other factors.You have to do your own analysis and educate yourself to find good deals.

shawn · Joined: 20 Feb 2006 Posts: 5

I am currently buying between 2 and 4 houses a month in this market. I would say the time has never been better to buy. I use a awesome marketing system to buy.I also have a blog on some real estate marketing ideas. check it out. http://realestatemarketingideas.weebly.com/