OfflineBAD MARKET OR BAD SITUATION?
With housing prices at record lows, people can truly have a mortgage payment that is less than their rent payment. Young couples and families can actually afford to buy a home. If you're a real estate investor, there couldn't be a better market.
If someone is in a bad situation like being upside down on their home or if they are facing foreclosure. More than likely they will tell you how bad the market is.
So is it a bad market? I guess it depends on who you ask and what their situation is.
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There is no such thing as a bad market in real estate. It is what it is. All markets go up sometimes, and go down sometimes. The key is to know what it is going to do before it does it. We can research this information and make informed investment decisions that make any market a good market for us as investors, regardless of if it's going up or down.