The housing bubble has definitely burst, like an atomic weapon. Real estate speculators are still trying to dig their way out from the rubble. Even with government help there are problems forecast in certain markets. So what do we do while we are surrounded by the ruins of an out of control housing run? Buy homes.
That is right; buying homes now is a great opportunity. Prices have made historic dips in value. Overbuilding has placed even new homes at lower prices. Foreclosure rates are at an all time high. This provides the best buying opportunities people have seen in years. Do not get confused, this is not the time to try flipping houses. Holding your investments is the best strategy, for the best possible returns. Do not fall for these get quick rich schemes.
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