Popping The Real Estate Bubble Myth!

If you turn on the TV, listen to the radio, or even surf the internet, you'll notice that there is a lot of people talking about the "Real Estate Bubble", and asking the question, "when is it going to burst?" They (these so-called experts) have been saying for years that the real estate market can't continue this type of growth. These "experts" remind me of chicken little, with all of their prosphesy of doom and gloom, and the "sky is falling" syndrome. The truth is there has never been a real estate bubble in the past, or presently, and there will certainly never be one in the future. Talk about there being a "real estate bubble" is the stuff that urban legends are made of.

Here's the readers digest version of what it all means. The real estate market is really, a "wave". It's cyclical, and we are riding on a big wave right now. Real Estate is just like Investing in the stock market, There are good years when values rise and there are years that are better, when values rise even higher. That's it, in a nutshell. Real estate has gone up and down throughout history, and generally speaking, it is fairly stable. When you look at a graph of real estate values, you would be able to see a clear pattern of increasing values. Now some years would have higher peaks than others, and all in all, it is a gradual building slope from left to right. And it looks just like a wave.

In addition, there are more up cycles, than down cycles. So the recent growth we've had will be followed by ones of downturn. The only difference is that it may not be as much of an increase, in other words the increase will be slower. The bottom line is, it will still be growth. This is why there will always be growth. Real Estate is a basic need. People need a roof over their heads. You can rest assured that people will be renting, buying, leasing, and selling homes. And it doesn't matter if the market is low or high or if the interest rates are up or down. Real Estate is a sure thing!

Remember Real Estate cycles tend to be regionally based. Real Estate is always driven by the economic principles of supply and demand. Some areas of the country, like Seattle, are going gangbusters, and real estate values are going sky high, and other areas like parts of the northeast are not increasing by the same percentage. However almost all areas are going up in value. Historically, property values increase in a strong job market. Other factors to think about include; program funding, interest rates, population growth, climate, and user-friendly state and local governments, including school system changes. These are critical points to consider when investing in real estate, either as a landlord or for personal use.

The key to successful real estate investing is to understand what drives the market. Stay on top of what is going on in your market place. Research the internet, read articles, get involved with your community. One other key to staying at the top of your game is to get a mentor or coach to help you succeed in your real estate investing career. If coaching is good enough for sports figures like Tiger Woods, why not you?

To sum it up, Real Estate bubbles don't exist, but there is a real estate wave. As any surfer knows, if you want to ride the waves, you need to get in the water. Watching the action can be fun, but will it put any money in your pocket? Invest with the intention of providing a service for others, and you can become rich investing in Real Estate.

Roseanne Nepht is founder of Real Estate XL - an excellent resource site dedicated to information on real estate.

---

Taxes When You Sell Your Home

What's the difference between death and taxes?Death doesn't change every... Read More

Let the Broker Show the House

Of course you're curious, and you'd like to see what... Read More

How Professional Property Investors Interpret and Use Capital Growth Statistics

Understanding and using yearly price growth statistics in an area... Read More

How to Build Your Dream Home

Building your dream home is a process that takes some... Read More

What are the Top 11.5 Criteria for Selecting an Orlando Investment Property

1. Make sure units are larger than 1800 square feet.This... Read More

Real Estate Investing with Bad Credit!

By being creative, you can play the game of real... Read More

The Real Estate Bubble-When Will it Burst?

More and more individuals are realizing that real estate is... Read More

What is a Loft Apartment?

What is a loft apartment? At the most basic level... Read More

Choosing Your REALTOR ®

With so many realtors competing for your business, how do... Read More

Real Estate Investing In Belize

Any trip to Belize starts fantasies of owning a beach... Read More

How to Build Your Free House

What if you could "place an order" for the construction... Read More

Should You Buy Hud Homes?

Buy HUD homes are sometimes the cheapest option available for... Read More

Investing in Real Estate Profitably: Eliminating the Need for Mortgage Insurance

In an earlier article, we presented various options for ensuring... Read More

Make Money With Room Rentals

I don't know why I didn't do it sooner, but... Read More

Get Rich With Mobile Homes

Does the myth that mobile homes depreciate in value keep... Read More

What Should I Do If My Home Isnt Selling?

Suppose you've been trying to sell your home for months.... Read More

How to Get Financing after Filing Bankruptcy

If you're thinking about buying a home but have declared... Read More

Location, Location, Location

Location, location, location - known as the 3 most important... Read More

Questions You Always Wanted To Ask A Master Builder But Never Had The Chance

Building a house (or lots of them) seems to be... Read More

10 Tips for Investing in Distressed or Foreclosed Properties

1. Search on the world wide web for distressed or... Read More

Why Mobile Homes?

There are mobile homes for sale, for much less than... Read More

7 Different Ways Anyone Can Become a Real Estate Investor

Being a real estate investor is not really that hard,... Read More

Dont Forget to Ask About Restrictive Covenants

Homebuyers, especially first-timers, may not think of asking about restrictive... Read More

Do You Need to Download a Landlord Inventory On-Line Today?

Do you need to download a Landlord Inventory on-line now?... Read More

5 Factors of Selling a Home

There are five major factors to consider when selling a... Read More

Hassle-Free Homebuying

Perhaps you'd like to take advantage of today's great buyer's... Read More

When Showing Your Home

Here below are some of the reasons why buyers may... Read More

Selling Your Home In The Winter

In many parts of the country, selling a home during... Read More

Kings Bay Georgia Real Estate - An Amusing Tale About a Real Estate Agent

This story is true and not meant to hurt anyone,... Read More

Cashing Out of Preforeclosures - Exit Strategies for Maximum Profit

One of the quickest ways to real estate profits is... Read More

Pricing your House to Sell

Most Sellers set their initial asking price at an amount... Read More

Late Mortgage Payments Sabotage PMI Cancellation

There's something you should know about PMI!Private mortgage insurance is... Read More

Realtors Brainstorm For Business

Even though rates are down opening up the market for... Read More