The real estate market may be summarized by the above graph. Assess your market and determine where you think the market is Today. Using past housing recessions as a guide and in my opinion, we are at the point of maximum opportunity. The key question is whether the market is "V" or "U" shaped? We may be bouncing along the bottom well into 2010. This only represents a unique opportunity to invest in real estate. Tomorrow, I will post a business strategy for buying residential finished lots - NOW!
Monday, August 24, 2009
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