(PRWEB) July 7, 2006
For real estate investors wondering where home prices are going and have tried to watch their local news affiliate, they've likely been confused and amused. Amidst all the talk of the housing bubble and housing boom, the media has done its level best to keep up. However, investors are frustrated by the "fair and balanced" media approach of saying prices are going up and saying they're going to crash sometimes in the same show.
A sample of this kind of media "waffle-waffle" can be seen at http://www.AutoAppreciation.com.
On a more serious note, the subject of housing prices has mystified investors and home owners alike for years. But, Ken Wade, a Harvard MBA, has an answer and he wrote a rather shocking report.
Wade who has been investing in land and property for 20 years says, "I can predict market trends in almost any local market in the United States."
He also can predict national trends but points out they're of little meaningful interest.
"Each area in the nation is unique in where it's been and where it's going," he said. "It's like areas have pricing fingerprints."
Wade, who has conducted over $100-million in real estate deals, has authored a white paper that is free to real estate investors.
“This report has serious implications for property owners and investors.” he said. “And the news is as relevant to the places which have had low appreciation as those like Las Vegas, NV or San Diego, CA which have had record producing appreciation.”