Understanding the Real Estate market these days can be difficult at best. The reports and articles that keep surfacing about real estate are enough to keep a person's head spinning. Is this a buyer's market? A seller's market? Can I get financing? Will interest rates go up? Will I still have my job?

There is good news and bad news on a daily basis. Back in 2009 an article by Global Property Guide was posted on the Nu Wire Investor that still makes sense today when trying to decipher what's going on in today's real estate market. The news is, in a nutshell, complicated. There is a lot more good news out there these days but the reality is we still have a way to go as far as recovery goes.

The facts are broken down, simply, as follows:

• The recovery will be slow
• Some cities are really struggling
• Home sales are rising
• Foreclosures are falling
• Homes are more affordable

There is a vast amount of research available in individual markets and as a whole things are looking better for the real estate market but there are serious hurdles to overcome. While Location-Location-Location may be the primary factor in choosing property, patience should certainly be up there on the list.

Related articles

• Denver Real Estate Market Has Buyers But Not Enough Sellers (denver.cbslocal.com)
• US Real Estate Market to Find Bottom in 2012 (nuwireinvestor.com)