Location, Location, Location...

Even in these kind of times one can put on their thinker cap and find some great deals.

With the stock market back and flying high you need to think of those who have been relying on that as a means to build their economic backbone. What demographic has the largest amount of people in it? What demographic has the largest amount of expendable income or portfolio? Where do they wish to retire? What amenities do the wish to maintain? What type of housing do they wish to have?

These thoughts brought my investing to the southern belt seven years ago. I still maintain this philosophy and things are going well.

These states will be the first states to turn around in this overall stagnate real estate economy due to the basic affordability and the Fannie Mae funding cap levels. One is able to get a grand house in TX, MI, LA, and parts of Florida and Arizona. Now NM is beginning to expand with good opportunity.

It doesn't matter the economy overall, as there is always a deal somewhere. It just needs to be sought out. There are pockets of perfect deals somewhere. However, when the press is always telling the public that the national housing boom is slow, well, they are wrong. There is no such thing as a national housing market. Every market is localized and privy to each local economy. So simply do some research and find the pockets of local economies that are going well. They are out there. I guarantee it!!