The real estate market has been quite volatile the last 10 years. We went through a huge boom and a huge bust. Lots of reports are swirling about more foreclosures causing more downward pressure on real estate markets. Many positive reports are swirling that the bottom is here, inventory is down and buyers are coming out. Who and what do you believe? What is your market outlook, which markets are in trouble, on the rebound and is the bottom finally here?
I don’t know about you, but I am always skeptical of a news story. Their stories often lack justification and are a dramatization or use fear to get ratings rather than give information that investors can use to make informed business decisions. One source that does do a ton of research is PMI or Private Mortgage Insurance. They analyze all kinds of factors and indicators that affect values of properties and do this in all kinds of markets across the US. Their PMI Risk Index report has amazing data all justified with their findings and they give a volatility score and percent chance a market will depreciate in the 2 years. This information is extremely interesting and valuable for your market and deciding where to invest. Click here to obtain this amazing report via email: