As the choice of loan options grew these last few years, consumers could buya home more easily. Wall Street took notice of all the hot action in real estate and investment firms were able to shift the ownership of mortgages to their managers and clients.

While there is no such thin as a national real estate market, we should be seeing improvement across the board as 2009 draws to a close. If you can, it’s wise to buy now- before the ball lands back in the sellers’ court.
Then about four years ago, the market began cooling, as incomes did not increase at the frantic pace that home prices did. Investors created an atmosphere of unrealisitically high appreciation. The perfect storm was brewing.

This cycle of up and down seems more drastic now because we enjoyed a longer than usual boom of activity, a full decaded between 1995 and 2005. But demand still remains high and although rising slightly, our historically low interest rates also help to fuel property purchases.