Thread: Is this the right time to invest in Real Estate?

you can ask 100 people and get 100 different answers...nobody is certain.
What is your investment plan? long term hold? flip?
If it's long term and you get the right price, it may be a good deal...real estate will appreciate in the long run. Learn about proper investment techniques and tactics.
Flip, right now...I wouldn't even think about it. way to much supply, credit crunch, and timid buyers, that spells disaster, especially if you're new to RE investment.
There are other ways to invest in RE, such as REIT's, do your homework before investing in RE right now.

Real estate is on sale now. why is it that people run to the stores for sale, but when homes are for sale people tuck tail and run. I just refinanced my house with a rate of 4.875%. Houses on sale, interest rates on sale...... I say now is a great time to invest!

I have been investing in the Sacramento area for years now...know where Oak Park is? We cleaned that whole community up with our rehabs...I think i've bought over 65 homes there alone...NO, now is not the right time for the Sac market place...prices have not hit rock bottom yet and may not for some time...equity positions are still flying right out the window. Wait for that market to settle a little more and then start jumping...remember one thing...my 'em cheap and sell them below fair market value...you can make a fortune! Good luck!

i DON'T KNOW IN YOUR COUNTRY BUT IN eGYPT 100 % SURE.

I work in real estate &investment company in Hurghada in Egypt It's time to invest in Egypt.
Egypt offers today a solid economic market in which to invest.
Egypt is an emerging market property market in key tourist locations and already offering excellent returns on investments
The World Bank choose Egypt as the sith country among top 10 countries all over the world to apply the economic reforms in 2007.

Why?
- Low property prices startingat around only 30K Sterling Pounds.
- Steady year on year capital appreciation of between 20-30%
- Beautiful, well established tourist hotspots suitable for varied tourist interests, from excellent diving and snorkelling to cultural and historical locations
- Stunning natural, unspoilt landscapes
- Steady annual growth in tourist figures
- Less property taxes than paid in Europe or USA
- No capital gains tax
- Foreign investors are regarded by the governemnt as a big investment opportunity and laws have recently streamlined procedures, making the purchase procedure easy.
- Strong economic growth and increased investment in infrastruture are boosting the porperty investment market as a whole.
- Warn desert climate with temperatures ranging from 14*C in winter to 30*C in summer creating a year -round tourist season.
- Politically stable country
- Increased inward investment, creating a rich investment climate
Well renowned developers are creating luxury resorts to cater Egypt's new influx of international tourists.

The second home resale market in the resort areas is also beginning to present profit potential on the underlying capital investment made because more overseas buyers are seeking holidays homes or seconfd homes in these areas.

We are in our portfolio, differents opportunities: lands developpemnt, hotels, apartment turnkeys.....
So yes it's time to invest, and come in Egypt...
isabelle

Given enough time, I can't imagine any time would be a bad time to invest in real estate. You'd rather put your money in a savings account? A CD? Mutual Funds? If you have the money ... just do it.

Thanks for the opinions and advices guys. Real Estate Referrals, it's nice to know that you're from the Sacramento area.

Have you considered buying properties abroad? Though there are restrictions and risks, it may be very rewarding (financially). Sites such as Wikipedia and the like are very helpful to know general information about countries. BBC and Global Property Guide are also helpful in researching real estate conditions of countries.

Hi,

I think there is no such thing as right time. Despite what Real Estate Referrals said, it's a matter of planning more than anything else. Big investors made fortune simply by buying when everything around them collapsed. If you can buy and hold, and you take into account the depreciation, you might be in a good position to sell in a couple of years. This is all a matter of analysing and planning. There is no one way! Plan carefully and check alternatives (like, what happens if it keeps on going down, and rent as well? how down will it go? and so on).

Steve

You really have to do your research. Property values are expected to drop by up to 30% in some markets over the next 5 years. All real estate is local. You have to talk to Realtors, builders, etc and see if we have hit the bottom in your area. The property may be worth $180K next year, or $300K.