Real Estate future

The experts would have you believe that the worst of the housing crisis is behind us. Perhaps that is election year Hyperbole perhaps their right. I guess time will actually tell. What we do see in the housing market through out the region is that even though new properties continue to enter the market, and foreclosure rates are still high, the overall average price per sq ft seems to have found a floor. The average sales price on existing homes seems to have, at least for the time being,  leveled off and in some instances has begun to edge back up ever so slightly.  Good news for sure, along with the overall numbers for the economy showing an upturn gives us all hope for the near future in real estate investing. Let us all know what you think. here on this blog.