Archive for Home Sales Prices

It’s no surprise that the average American doesn’t feel very good about real estate right now. After all, we’ve seen median home prices drop approximately 44% nationally since Q3 2007. (You can even check out the data for yourself here.)

Because of this, it may be tempting for real estate investors to head for the hills and defer raising private money until the “economy comes back.” That would be a huge mistake. You see, the best time to get in is when most other people think it’s no good. Call it contrarian investing, call it going against the grain, call it whatever you want. The way to get bargains is to pick up assets that others have discarded as being worth less than their true value.

You can (and should) profit more in ‘down’ economic times than when GDP is growing at 3%-4% annual rates.

In order to maximize profits and Read More→

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