Despite all the talk and coverage of the current real estate downturn, people are still coming into the real estate business. In California — a state that is right up there among the leaders in foreclosures, slipping sales, and declining prices — there are approximately 22,000 more real estate licensees (at 548,000) than there were [...]

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The economic outlook for real estate is never just black and white — you’ve got to look at the encouraging signs — along with the bleak — if you want a realistic picture.
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You make money when you buy, not when you sell a home, suggests one popular idiom. That could be the reason the wealthy are trolling for bargains.
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The National Association of Home Builders reports the “condo market is showing initial signs of a revival in some markets across the country.” This latest “uptick” is also helping the apartment rental market, according to multifamily housing developers who spoke at the trade association’s International Builders’ Show in Orlando last month.
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