Customer Reviews

Beyond the Bubble: How to Keep the Real Estate Market in Perspective -- and Profit No Matter What Happens

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The authors examine the components of real estate bubbles and provide useful guidance in detecting changing conditions to determine when a bubble is present. The book provides readers with a roadmap to become aware of the key factors affecting real estate prices and learn how to predict real estate price increases and decreases.

According to the authors, there is neither a single real estate market in the United States, nor a single bubble due to regional differences. Certain markets will remain hot because of the location, climate, jobs, etc., while other cities may experience declines due to excess speculation and price increases (for example, Florida and California).

The five phases of a bubble and the history of bubbles are described so that readers can understand what to look for. The four signs to recognize that a real estate market is about to change are fleshed out. They include: activity of development and inventory available, speculation increasing near the top, market statistics turn negative, and lending statistics become ominous. The authors also describe bubbles by property type (residential, retail and commercial). Moreover, the ten key factors to consider when making an objective decision about a real estate purchase that you are interested in is covered in detail.

Other topics covered in the book are how to use real estate in your investment portfolio, using options on real estate, how to profit in rising or falling real estate markets, and limited partnerships, REITS, ETF and REITs

Anyone considering buying a house, especially in an inflated market should read this book before making a move. Knowledge is power, especially in real estate negotiations.

Great Book. very informative. Puts things in plain language and easy to understand.
Only wish I had read it sooner.
If you're an investor, get it, read it and highlight parts of it.

This book could quite well have been written twenty years ago. Very old news, indeed.