Still Nervous About The “Housing Bubble”?

Two words: Don’t be.

Everyday I get questions from other investors like: “With the big credit crunch in the mortgage markets, am I going to be able to sell my houses?”, “Should I look at holding my properties since there are fewer buyers out there?”, and on and on.

All of these are legitimate questions and astute real estate investors won’t ignore what’s going on. However the most successful ones will look for the abundant opportunities to capitalize on the current situation, especially if you live in Texas. Unlike many other areas in the nation, Texas has not experienced the significant market highs over the past few years which are now being hammered in many coastal markets.

If you’re an investor in Texas consider yourself lucky that you are faced with more opportunity than you can handle. Banks are about to be lining up to ask - no, BEG you to make offers on their REO’s. My advice, get you’re funding in place and start making offers to the banks.

Check out this blurb in the latest edition of Business 2.0. It’s a study done by Moody’s on what they think are some of the best real estate markets now.

And, if you haven’t already, don’t forget to sign up for our newsletter. We’ll keep you updated on what we’re seeing in the Texas market along with the best strategies to capitalize on the abundant opportunities. You can sign up at www.WeFundHouses.com.

-Adam

New Rules of Real Estate 2007

How to play the real estate bounce-back

The housing market may be melting down, but Business 2.0 worked with Moody’s Economy.com to identify 10 cities that have just about hit rock bottom - and offer opportunities for savvy investors to get in while the getting’s good.

Dallas-Fort Worth

Dallas-Fort Worth

Projected median sales prices for single-family homes:

Q1 2008: $151,930

Q4 2009: $161,690

Growth rate: 6.4 percent

The Metroplex, as locals call the Dallas-Fort Worth region, is smoking, adding jobs at twice the national rate. Better yet, those new jobs are concentrated in well-paying fields like banking, advertising, and health care. Dallas-Fort Worth sits at the center of the Interstate 35 corridor, a “megapolitan” galaxy of urban development that Virginia Tech researchers estimate will add 6.4 million new people and 2.8 million units of housing over the next two decades. Dallas also serves as the North American headquarters for international high-tech employers like Nokia and Ericsson. All of this makes Dallas one of the nation’s nine most global metros - cities that are hubs for international trade and foreign investment - according to an analysis by Moody’s Economy.com.

Dallas has largely avoided the boom-and-bust cycle, which is one reason this market is on track to post the best returns on housing of any major U.S. city during the next two years. An added bonus: The region’s service sector has escaped the collateral damage that comes when the bubble bursts and equity-driven spending dries up.

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