Pros and cons of real estate investment.
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Could there be different "buyer's markets" based on the type of buyer one is? For example, a cash buyer is really only concerned about value from price, while a financed buyer is concerned about price and interest rates. Or can these be lumped together rather safely?
I've always wanted to get into real estate but we would be financially leveraged and the wife isn't too hip on the risk - she's pretty fiscally conservative.
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Pros and cons of real estate investment are examined.
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A buyer's market is simply a weak market, in which houses don't sell quickly. Certainly if interest rates are very high, buyer's markets will be more severe because the available pool of buyers will shrink. Cash buyers will definitely have an advantage. But because cash buyers are so rare, I do not think this distinction is often made. There are of course different degrees of buyer's markets. Cash buyers may be attracted to a market ...
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