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Saturday, 06 March 2010 |
Wondering why lately your real estate investing opportunities seem to be a bit less than they were only about six months ago?
Well, the reason is clear and in the short run makes sense to banks holding large inventories of real properties that they foreclosed on during the recent mortgage meltdown mess.
It is true that lately banks have been amassing inventory, holding on to their REO foreclosed properties to avoid dumping them on the current real estate market at extremely depressed prices.
But it is inevitable that they will have to release these properties onto the market sometime.
And, when they do, we can expect to see even further declines in housing prices.
However, smart real estate investors, know that profitable real estate investing is possible in any market. It doesnt matter if the market is up, down or sideways.
Banks will eventually cave to regulatory pressure to get out of the real estate property holding business and back into the banking business.
When that happens, the current temporary shortage of high quality, low priced real estate investments will end and rela estate investors will see more and more good investment opportunities appearing around them |
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Last Updated ( Saturday, 06 March 2010 )
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