Sunday, December 04, 2005

Realty Times - Real Estate News and Advice

Realty Times - Real Estate News and Advice: "The real estate bubble naysayers whine about the 'bubble' as if the whole national real estate market were nothing more than another over-inflated stock exchange -- like the New York Stock Exchange and Nasdaq. Folks -- it's not. Real estate, like politics, is local and I wish those real estate journalists scaring the buyers with quotes from their stock market experts would just stop what they're doing and consider some real facts.
Fact: The top hot real estate markets in the U.S.A. are also the top hot job markets.
Fact: Houses are where the jobs go at night.
Fact: Without enough houses in a hot job market, your housing inventory will escalate in price.
Fact: There are 'pockets' of over inflated real estate
Fact: Unlike the stock market -- you have to live somewhere. Whether renting or buying, there is an automatic necessity for the ownership of real estate -- either by a homeowner or an investor. "