Real Estate Forecast Still Strong!

Released on = November 15, 2006, 9:59 pm

Press Release Author = Mrinal Dutta

Industry = Real Estate

Press Release Summary = Recently organized a survey over the real estate is
forecasting a minor decline in home sales for 2006, largely due to an increase in
interest rates.

Press Release Body =
Recently organized a survey over the real estate is forecasting a minor decline in
home sales for 2006, largely due to an increase in interest rates.

It\'s obvious that buyers are starting to gather by the sidelines and homes sales
should slide by about five percent. But that\'s nothing to panic about, Evens
continue, Keep in mind that housing sales have reached new records every year for
the past five years. Also, home prices are still expected to rise.

You've found the home you want to grow old in and the location is good, the
neighbors are great, and the price was just right. A little paint in a few rooms,
wallpaper there, new flooring in this room, granite in that room, a fixture here a
fixture there. Finally you are satisfied with your now remodeled home.

Real estate investing tips tend to be a bit vague, like \"invest in the right
location,\" or \"make sure the numbers work.\" Actually, tips like these are important
principles to remember.

Run the numbers. It is about the numbers, and if it is income property, it\'s about
one number in particular: cash flow. Whatever the local formulas are, whether gross
rent multipliers or capitalization rates or whatever, just be sure that after every
last expense you\'ll have cash flow from the very first month.

The Local and National real estate markets will continue to grow despite the
mortgage rate increases and slight decrease in home sales happening as the market
adjusts. As the real estate market balances itself homebuyers have more options and
more time, but this still bodes well for sellers.

Time passes and you decide you want to refinance for one reason or another. Let's
assume you realized you could get a much better interest rate. The real truth behind
current real estate rates head to http://www.property-india.in/,
Web Site = http://www.onlineghar.com/

Contact Details = Noida(UP),India

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