What are the hot areas in the real estate world of the United States. I'm looking to invest and I could really use some tips since I heared from a few friends how tricky it can be.
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Right now there is no real hot spot. The sub prime market has slowed the sales and lowered the values of many homes across the country.
Sit tight and start watching where the next population growth looms and that may be the spot to go. In the mean time start doing your research and learning as much as possible about real estate before you start to invest.
Good luck.
Here is a link to
Search the 100 hottest real estate and home selling markets throughout the U.S. on Homes.com. The following markets contain the most recent real estate listings and homes for sale in our nationwide database. In addition to homes for sale, find new homes, foreclosures, townhouses, condos, apartment rentals, and local real estate agents.
www.homes.com/hot_real_estate_markets
Thanks for the prompt response. The site you gave looks great. If you have any other suggestions I would be happy to hear about them.
All the best and take care.
I found another website resource for you. www.houseblogger.com/real_estate_blog_director/2007/03/top_real_estate.html
It iis a real estate directory of the top 25 appreciating markets which can be viewed at a glance, along with the financial details. All the best to you as well, and happy hunting.
I would highly advise that you read this article before you do anything else.
http://www.allbusiness.com/personal-finance/investing-real-estate-investments/2466-1.html
Good luck and best wishes.
I would stay away from the real estate in the US for a while. I fear the US may be heading into a slowing down of its economy. I would wait a bit and see what happens in the next year. You may be able to buy real estate at a much cheaper price if you are patient.