The CEO of Deerfield Beach, Florida-based McCabe Research and Consulting watched as the good times in the real estate world went sour – and now that that pain is being felt worldwide, says that there has been a return to a more traditional bulk of investors.
“These markets have all come crashing down once the market understood it had doubled in size, not due to population increases, or job development, but due to speculative flipping by people who had no intentions of ever occupying these units,” he says. “When these things got out of hand, it was musical chairs, and who was going to get caught without a chair.”
“Now the prices have dropped so much that the real long-term investors that have been sitting on the sidelines watching this debacle unfold are re-entering the marketplace, many of them with cash,” McCabe says.
So who will succeed in this new market? According to McCabe, it’s the investors who want to buy low, sell high, and not do a quick flip on properties, but rather hold them for seven to 10 years – or longer. Source: http://www.nuwireinvestor.com/articles/real-estate-consultant-flippers-give-way-to-real-investors-53878.aspx
Investors need to do their “homework” before choosing an investment property.  Searching to find a property on the internet is only half of the equation.  In today’s market there are too many other variables to consider and the only way to understand these is with time and experience in the market.
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