72 U.S. Markets Lost Value Year-Over-Year
Currently, 72 markets (18% of ALL U.S. real estate) experienced ‘real’ (inflation adjusted) declines over the last year.
In the previous quarter, 61 markets had annual home price declines (they didn’t even keep up with inflation).
(See the entire list of declining markets below.)
In addition to the list of declining cities below,
Why It Had NOTHING to Do With Your Investing Strategy
Did you lose a lot of money in real estate during the last down cycle? The answer, in all likelihood, is yes, you did. You didn’t have to!
Look – there’s a time to be actively,
Making money in real estate boils down to these three simple factors…
Leverage & Appreciation are the cornerstones of all real estate wealth.
Timing is the variable that determines if you win, or if you lose.
Let’s look at Leverage…
Just about anyone can control a property with a relatively small amount of cash… or sometimes no cash at all… THAT’s WHY real estate investing makes such good late night infomercials… because any fool can sign on the dotted line and take control.
You may know a bit about me and my history. Yes, I am a proud Harvard man. As proud as I am of my education though, my Harvard MBA didn’t help me much in learning how to predict real estate markets. However, I did learn a priceless lesson I think you need to hear about cut-throat competition.