Probably the best time to invest in real estate is during a down turn in the real estate market. In the United States we have seen a severe decline off of the highs of 2004 and 2005. In fact most major real estate markets but not all are down 15-20% and even those which are up by one percent or down by only 4-5% we see a major shift in buying behavior as supply grows and the number of buyers shrinks substantially.
If there was ever a time to buy it would be now in many of these markets. So if you happen to be the one holding onto cash and you like real estate as a place to invest and grow your wealth, well maybe this might be the right opportunity for you right now?
Many markets have very high foreclosure rates and many of the most recent buyers are in over their heads; that is to say high-payments and they now owe more than their homes are worth. This leads to walk-away foreclosures and provides buying opportunities for the serious long-term investor.
Operating in the buy mode during a buyers market can land the serious real estate investor into some excellent deals. For the investor who is patient and thorough, with the right money, the sky really is the limit. So, perhaps you will consider all this in 2006.