For most people, their home is their biggest investment. In 2000-2002, when stocks suffered and many businesses went under, the real estate market was a source of stability for the economy. A number of factors, including low interest rates, streamlined mortgage approval, and Internet listings, have helped to fuel the real estate boom in recent years. Although some economists believe that the real estate market may be headed for bubble territory, Lereah disagrees, arguing that continued low interest rates, a healthy boomer population, and the "boomer echo" of next-generation buyers should keep the market healthy for at least the next 10 years. But he says that in order to profit from this sector you should invest now
. He offers tips on how to select a real estate agent, the ins and outs of mortgages, tax strategies, home improvements, investment properties, and vacation homes. Senior vice president and chief economist of the National Association of Realtors, he has written numerous articles on the subject. David SiegfriedCopyright © American Library Association. All rights reserved
“An invaluable book . . . Today’s real estate markets are booming and Lereah makes a convincing case for why the real estate expansion will continue into the next decade. This book should prove to be a truly practical guide for any household looking to create wealth in real estate.” —DEWEY DAANE, FORMER GOVERNOR OF THE FEDERAL RESERVE BOARD OF GOVERNORS
“An important book, whether you agree with the author (as I do) that housing will remain an excellent investment or are convinced that home prices are poised for a plunge, David Lereah lays out a compelling vision of housing as a continuing positive investment—and how you can profit from real estate if you already own the home you live in, are looking to move from rental housing to an owner-occupied home, or want to use real estate as an investment.” —DAVID BERSON, CHIEF ECONOMIST, FANNIE MAE
--This text refers to an out of print or unavailable edition of this title.