We've heard a lot of hope lately of finding the bottom to the housing collapse, however new reports from Housing Predictor indicate we may actually see another down turn!

Why? High unemployment, 2.4% downturn in the US economy and failures in the government.

Michael Lea, professor of finance at San Diego State Unversity actually said that 'the dam will break and we will see a significant increase in foreclosures'.

Now that's scary!

What do do ? It's still an excellent time to be a housing investor. Reading articles such as this also shows that you need to buy right and build in profits when you buy- not just relying on appreciation that may not come for a while.

Be more conservative in your after repair values and give yourself some more breathing room when it comes to holding time from purchase to sale or rental.


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