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I think it is not hidden from anybody the real estate is not as hot as it was in last years. Many of the investors who invested in property are not in good mood. Few homeowners who signed-up for sup-prime and exotic mortgage can no longer go with it and facing foreclosure. Not only the individuals, but big companies are facing the problems as well. People who were inserted in buying housing, are little choosy now and they want to wait, guessing that prices for homes would further decrease.

There may be many reasons behind this; I think the main reason behind this may be the stock market. Currently stock market is on its all time high and people are interested in making money from that side, big companies are also investing their money in shares and mutual funds. Investors are happy with the return they are getting from the stocks.

Secondly property rates are already very high and investors are thinking that there will not be much growth in this sector in short period.

Many of the Banks are increasing rate of interest for home loans, this also effect the investment, as investors calculate the interest rate and profits.

These may be the reasons behind the poor performance of the real estate. But there are few ways which can bring this industry on track again. For example, when more people are getting good money from the stock market, the cash flow in the market will increase. So when more people have money, they go for homes and when there are more buyers in the market then the supply, it will automatically increase the rates of the property.

Secondly while we face uncertain times in real estate, it is very important to remember that the mortgage market is a huge monolith and many segments of it are in great shape. If you have decent credit and plan on getting a traditional fixed rate loan over a period of 15, 20, or 30 years, it’s perfectly fine to go out and get a home right now as long as you plan on staying in your home for a few years. So if you buy a home now it will worth much more after 5 years. So it will be a good idea to buy the home this time.