You’ve seen the headlines. The combination of lower prices, increased rents and a weak dollar are drawing investor capital from all around the globe and funneling it into American Housing. According to NAR, foreign investment is US real estate has increased by 20% in the 12 months ending march 2011, totaling $82 billion in just [...]
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Residential real estate is not rocket science. We know that this housing crisis is: 1. Explainable – bad lending, mad speculation, wild expectations, government meddling; 2. Isolated – bad mortgages, negative equity, strategic default, government meddling; 3. Temporary – demand for housing always catches up to supply eventually. Anyone with any experience and perspective will agree [...]
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