The great housing boom that has fueled premium prices and sellers' dreams may be slowing down, but despite dire predictions, the market is not likely to implode spontaneously. With proper planning and a little knowledge, homeowners, investors, and other stakeholders can avoid disaster and in fact profit on their properties - regardless of what the market does.
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Michael C. Thomsett (Port Townsend, WA) is the author of Getting Started in Real Estate Investing, Getting Started in Options, and The Landlord's Financial Tool Kit(0-8144-7235-4) Joshua Kahr (New York, NY) owns Kahr Real Estate Services, a consulting company, and is Adjunct Assistant Professor of Real Estate at Columbia University.
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