Housing Bottom - Pending home sales rose 6.7% in April

The three consecutive month trend in pending home sales is signaling the housing bottom. Many financial experts are beginning to project a turn around in the real estate market.
By: realbench.net
 
June 3, 2009 - PRLog -- ORLANDO (realbench.net) -- The National Association of Realtors reported a jump of 6.7% in pending home sales for the month of April. Many financial experts are beginning to project a turn around in the real estate market.



Many factors are influencing the housing recovery; low housing prices, historically low mortgage rates and continuing positive housing reports are converging to demarcate the beginning of the housing bottom.  With these historical low house prices and interest rates, it is a matter of time before people with a little money on the sidelines start getting interested in these once-in-a-life-time real estate bargains.



However investors have made it clear that going forward they only want to invest in what they can understand and measure. The investing process will be different from what was experienced in the past four years, investors will gather more data about potential properties, will then use real estate investment software to crunch the numbers, and subsequently make the purchase decision.  This lengthier process will have an impact on the liquidity of the real estate market and extend the time it will take to go through the surplus inventory of homes.




Equally important to investor will be the ability to expeditiously analyze the potential investment properties to ensure they get into the best deals, in order to do the analysis thoroughly and rapidly investors will need to add a real estate investment software to their arsenal of tools, which will allow them to asses the properties accurately, easily and rapidly.



The current housing affordability and availability conditions are favorable, however credit conditions are still rigid; hence real estate investors need to present compelling data about the profitability of potential properties when seeking financing.  The right real estate investment software can assist investors produce professional and compelling reports that can be presented to the mortgage lenders.  The ability to demonstrate expertise in real estate investing is what will separate the speculators from the serious investors, which will help enhance the ability to get the best mortgage rates available.

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Best Real Estate Investment Analysis Software for the Post-Real-Estate-Boom era. SoftWorks Global offers innovative software for individuals and businesses competing in an ever-changing, connected world. Our accurate and easy to use products reduce the "Risk of Investing" by offering investors value-added software.
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