Top 10 Signs Real Estate Has Hit Bottom
June 22, 2009 by Lela Davidson
Filed under Corporate Finance
The Appraisal Institute today released a valuable guide to understanding the real estate cycle. While many factors affect the value of homes including the laws of supply and demand, their quick reference guide to spotting a turning point in the market should be a priceless resource to would-be investors, especially first timers!
Ten signs that the the real market has hit bottom:
A spike in local sales activity – a spike refers to a significant rise in the number of home sales (or values) in a local market area, which generally is measured month to month. A spike does not necessarily mean …read more
