All Real Estate is Local: What You Need to Know to Profit in Real Estate

RISMEDIA, Feb. 12, 2007-Countless books offer advice on how to buy and sell a home. A new book by NAR Chief Economist David Lereah, "All Real Estate is Local: What You Need to Know to Profit in Real Estate," is the first book to explain how knowing the ins and outs of the local market you are targeting is essential to deciding when, where, and what to buy.

When real estate booms nationally, there are hundreds of cities and regions that lag behind. Similarly, when the market slows or flattens, countless states and neighborhoods begin to boom. As Lereah makes clear, the most important factor in buying or selling a home is the local market conditions.

Whatever the national trends are with regard to real estate-whether they are booming or busting-what really matters is what the market conditions are in your region, town, or neighborhood. For as Lereah points out, in the end, all real estate is local.

Understand the local factors that can affect your investment in the future. David A. Lereah's book, All Real Estate is Local: What You Need to Know to Profit in Real is available for $21.95, offering words of advice from the senior vice president and chief economist of the National Association of Realtors.

To order a copy of the book, click here.

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