http://vestpocketconsultant.entrepreneur.com/2008/08/05/time-to-invest-in-real-estate/ The place to go to make your small business grow Thu, 05 Nov 2009 17:58:14 +0000 http://wordpress.org/?v=2.8.4 hourly 1 http://vestpocketconsultant.entrepreneur.com/2008/08/05/time-to-invest-in-real-estate/comment-page-1/#comment-486 Tom Fisher Wed, 06 Aug 2008 13:34:41 +0000 http://vestpocketconsultant.entrepreneur.com/2008/08/05/time-to-invest-in-real-estate/#comment-486 New York State home prices are still up 610% since 1981; the biggest state increase in the nation. Wages are up 210% since 1981. Simple math shows prices have another 66% on the downside. New York State home prices are still up 610% since 1981; the biggest state increase in the nation. Wages are up 210% since 1981. Simple math shows prices have another 66% on the downside.

]]> http://vestpocketconsultant.entrepreneur.com/2008/08/05/time-to-invest-in-real-estate/comment-page-1/#comment-480 Jeff Geoghan Tue, 05 Aug 2008 20:05:17 +0000 http://vestpocketconsultant.entrepreneur.com/2008/08/05/time-to-invest-in-real-estate/#comment-480 Here in Central PA we did not experience the massive slide in values and subsequent bounce in inventory. I suppose we were "lucky" but a stable economic picture (lowest unemployment in the state) and a mostly middle-class workforce keeps the demand for homes steady. Prices have leveled off, though, and inventory did creep up - in my opinion as a result of the media blitz on our TV screens. Here in Central PA we did not experience the massive slide in values and subsequent bounce in inventory. I suppose we were “lucky” but a stable economic picture (lowest unemployment in the state) and a mostly middle-class workforce keeps the demand for homes steady. Prices have leveled off, though, and inventory did creep up – in my opinion as a result of the media blitz on our TV screens.

]]> http://vestpocketconsultant.entrepreneur.com/2008/08/05/time-to-invest-in-real-estate/comment-page-1/#comment-479 laurie mindnich Tue, 05 Aug 2008 19:38:05 +0000 http://vestpocketconsultant.entrepreneur.com/2008/08/05/time-to-invest-in-real-estate/#comment-479 Great advice for those considering properties in New York- while the "recovery" appears to be fickle, pockets of NY offer some realistic pricing- it's just taken some time. Buying a property in a "frenzy" is without a doubt the worst way to make a decision, but only hindsight affords the luxury of that assessment! Great advice for those considering properties in New York- while the “recovery” appears to be fickle, pockets of NY offer some realistic pricing- it’s just taken some time. Buying a property in a “frenzy” is without a doubt the worst way to make a decision, but only hindsight affords the luxury of that assessment!

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