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| Stocks jump on better-than-expected GDP, jobs data Thu, 28 Aug 2008 22:03:21 GMT |
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| NEW YORK (AP) -- Wall Street barreled higher Thursday after a better-than-expected reading on the gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up. The Dow Jones industrial average jumped more than 200 points.... |
| Dell 2Q profit drops, hurt by PC price cuts Fri, 29 Aug 2008 05:51:39 GMT |
| Computer maker Dell Inc. said Thursday its fiscal second-quarter profit fell 17 percent, hurt in part by PC price cuts. Both earnings and margins fell short of Wall Street estimates, and Dell shares plunged.... |
| Toyota lowers 2009 global sales target Fri, 29 Aug 2008 02:02:04 GMT |
| TOKYO (AP) -- Toyota lowered its global sales target for 2009 by 700,000 vehicles to 9.7 million Thursday, showing that even one of the world's most durable automakers is being hurt by rising material costs, a slowing U.S. market and soaring gas prices.... |
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| Sears' 2Q profit drops 62 percent Thu, 28 Aug 2008 20:37:23 GMT |
| CHICAGO (AP) -- Beleaguered retailer Sears Holdings Corp. reported a hefty drop in second-quarter profit as sales slumped, despite a restructuring aimed at drawing back shoppers who've taken their checkbooks elsewhere.... |
| Jewelers look abroad to boost sales as US slows Thu, 28 Aug 2008 20:35:49 GMT |
| NEW YORK (AP) -- Rising sales in Asia and Europe boosted Tiffany & Co.'s second-quarter profit on Thursday, signaling that strong international demand for jewelry is helping offset U.S. economic weakness.... |
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FreeBusinessContent.net » Investment » The Positive Side Of A Down Housing Market - You Too Can Cash In
Article Source: FreeBusinessContent.net
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The Positive Side Of A Down Housing Market - You Too Can Cash In
Author: JacquesCoquerel
Total views: 47
Word Count: 544
When the real estate market is on the downtrend and people are selling real estate properties across the country, nothing could be more useful than the ability to see an opportunity amidst chaos. People that are out looking for a home to buy can finally choose their dream house from so many that are out there at bargain price. And real estate investors are presented with an unprecedented opportunity yet.
For home buyers, this is the time when you can finally buy the home that you wanted but could not get before because the price is over the roof for you. Foreclosures are everywhere in the country and buying a dream house is finally within people's reached. In fact, if you are a home buyer, do not make a mistake of buying the first property you saw on the block. Give it another try to look around the corner because houses at bargain prices are everywhere.
This is also an unprecedented time for newcomers in the real estate investing arena. Not all real estate investing beginners have the opportunity to make their first acquisition at a super low price - only a fraction of how much was needed to acquire a property few years ago. This is not the time for beginners to let fears dictate their success; this is the time to position in the market.
The real estate industry is among the few industries that have proven track record over the last 85 years. What the real estate market is seeing now is just the normal episodes of ups and downs, a cycle which every industry could not escape.
Like any cycle, this slump in the real estate industry will end sooner or later like what the history of real estate would tell us. You know what will happen when this time comes; properties will bounce back up and those that have made their acquisitions today will have their windfall.
Seasoned real estate investors know this - when the housing market is seeing a slowdown, it is the best time to position in the market. When you can afford to acquire as much property as you can, this is the best time to go out there and bargain hunt. Think about it, what is the worst thing that could happen in an already down market. It could not go any lower right? The next period you should expect is the come back of the real estate rise.
To avoid further loses from sky rocketing mortgage payment, many home owners are forced to sell their homes for a very low price. Observe the market as to when be the right time to buy, how many properties to acquire, and how much should you pay for each property. You will reap the benefits later when the market recovers and the house prices are on the rise again.
But remember that the people selling their house to you at a bargain price are most likely forced only forced to do so. Be tactful when making your offer and be sensitive about the feeling of the person or the family who is about to lose their home. Although you can not help them with their problem; but do not add to their dismay by being indifferent.
Article Source: FreeBusinessContent.net
About the Author
Author Jacques Coquerel is a real estate investor in Atlanta, GA. He has made more than 750 real estate transactions since 1996. For Real Estate Investing Tips get his free course Real Estate Investing Free Course.
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