Tuesday, February 3, 2009

Real Estate Markets Most Likely To Rebound

Real estae market most like likely to rebound? Do you think so? We may still have way to fall.

It's tough all over, but some say these 10 cities have the best--and worst--chances for speedy recoveries.

If you're a homeowner seeing property values plummet, look to the commercial real estate market for solace. It might tell you which areas will recover fastest--and which will likely remain weak.
The Urban Land Institute recently asked 700 real estate professionals to name the best (and worst) places to invest in commercial real estate in the coming year. Those surveyed included private developers, Realtors and Real Estate Investment Trust executives. Their answers also apply to the residential market, since the single-family-home sector typically follows the economy. As wages go up and there are more jobs, more people can buy homes, pushing prices up.

Read the more here>

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