A recent CNN Money report highlighted how, at the height of the housing slowdown in the USA, there were ten real estate markets in the United States that were defying all downwards trends in the national economy and were booming.
These were, even in the reporting comments of CNN, domestic emerging real estate markets. Domestic emerging real estate markets, as the name suggests, dance to their own tune. This means they are totally immune to national trends and even in the worst downtrend in the market can prove highly rewarding. With deals made much faster than in a normal market and with profit margins much higher, provided, of course your timing is right.
Real estate investors who know their market are always on the lookout for domestic, emerging real estate markets because there is a lot of money to be made in them. The thing is by the time a big media site like CNN reports this the chances are that the domestic emerging real estate market is way past its prime and the pickings to be had are slim indeed (though, arguably always better than the national economy).
Those who come to my seminars, attend my workshops and those who sign up for my real estate investor home-training courses know that the only […]