estate

Those of us in the real estate industry or those who were severely affected by the latest crash still flinch when we remember the real estate market in 2009-2012. It was bad. Many home mortgages were underwater (meaning you owed way more on your house than you could possibly sell it for); nearly 70 percent of all real estate transactions from 2009-2010 were either a short sale (making a deal with the bank to accept less than was owed on the property) or a foreclosure. Homes were generally in … [Read more...] about Real Estate: One of the Oldest, Most Sound Investments