As America faces a recession, many panic and try to sell. What does that mean for real estate investors? For those who haven’t invested yet, it may mean fear and dread. For those who are investing, it means loads of opportunity! Which investor are you?
As for the recession, we expect it to last longer than most in recent history. Why? Several reasons include the fact that the overall real estate market is suffering the consequences of all of the creative lending done over the last several years, now called the “sub-prime mortgage crises”;
These consequences are sure to last while lenders seek solutions. The entire U.S. economy is suffering; retail sales are down, unemployment is rising, grocery prices are up and rising fuel costs affect prices of delivery which create a domino effect straight down to our consumer products. All types of crops were recently affected due to lack of rain in some areas and too much rain in others.



 |
About the Author |
 |

Sharon Restrepo
West Palm Beach, Florida, United States

Sharon Restrepo has been investing in foreclosed and distressed real estate for over a decade and a half and a nationally-acclaimed real estate educator for nearly ten years, specializing in hot topics such as investing in foreclosures and ...

Read My Full Bio
View My Profile Page
|

 |
Most Recent Member Comments (0) |
 |
|
|