How much further down can the market go provided we don't go into an all out depression? I'm considering buying my first home, and want to time things correctly. Is this a good bottom in your opinion for property in the Souther east US? Should I wait?

RE agents call me all day long trying to get me to sell. i just tell them i want to wait tell prices drop more. why buy now when its just going be worth less than what u paid for it 6 months from now.

I heard that there will be further fallout when another type of non-conventional mortgage that was written start to adjust. I forget what the name of them, but a lot of analysts think the fallout will be even worse than we have seen with the normat adjustable loans. Could get very scary.

It think the market will fall even further before the trend reverses, I would wait until april of 2009 to invest.

I think the market will keep going down too, they say that the lowest prices will go is until properties become positive cashflow, then all of the investors jump in and prices start to go up.

Our Mentor in our Real Estate investing program publicly called "the bottom of the market" back in February and March. And he got a lot of flack for that. But it turned out he was right. He has been in the RE investing game a long time, and has seen it all, and has gone through all of the various cycles that real estate has gone through.

He keeps on top of the RE market, and that's why our members love working with him. If you are only interested in buying for your own residence, then this is a good time to buy.

The market will however recover very slowly, but it will recover faster in certain areas. Our members are kept abreast of the trends and emerging markets. For instance, High End short sales are where you are going to create the fastest wealth during the next 12 months (or less). And commercial properties are going to lead this trend, but the higher end ($500,000+) residentials are a must to consider too.

Raw land and vacant lots are being highly recommended by our Mentor now as well. He has been raving about that for the past couple of weeks. But we have courses teaching both of these trends (high end short sale flipping of both residential and commercial properties, and flipping land). Yes, we do have some methods/techniques of flipping that are not taught anywhere else.

Right now, in the bottom of the market is where savvy investors are putting all they've got into these absolutely incredible deals. So, now is the time to invest. Don't wait until they (the talking heads) have publicly announced the bottom nationwide.

I cannot speak for the other countries, but this is what's happening here in the US. The beauty of our program though, is that you can invest in U.S. properties, even if you live outside of the U.S. because of our "Virtual Flip" course.

But I am sure you can do the same in your country if you can find these bargains in your area. You can flip the properties, or buy and hold them for when the values of them rise again. They will indeed rise, it's just a matter of when. Just be prudent is selecting the area you invest in. Location is still very important. Just be sure you know what you're doing, so you will want to consider getting the best training you can find, and make sure they are up to date (not teaching out dated methods). The market changes so fast that you need to be kept updated regularly.

If you are looking for a place to settle down in, in the U.S., then Buy Now. But remember, location is important as well (where you are going to live). Do your homework.

Good luck,

JoAnn

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