As anyone with any experience on Wall Street will attest, whenever someone wins big, there’s always somebody else who misses out and is left counting their losses. And it seems that, despite the somewhat unfounded belief that housing investments are always seen as a safe bet, according to a new survey at least, the same can be said of real estate investments as well.
A recent opinion poll showed that nearly half of all people questioned had suffered losses when it came to their real estate investments, while the other half managed to turn some kind of profit.
Respondents to the new survey by Housing Predictor generally agreed that they aren’t nearly as enthusiastic about real estate investments as they were five years ago, following the burst of the real estate bubble and the beginning of the U.S. foreclosure nightmare that is yet to end.
Overall, the survey showed that 35% of respondents had made money, compared with 37% who lost money.
Many real estate investors said that they have suffered just as much as homeowners have done as a result of the spectacular market crash.
History shows us that the housing market is traditionally the main factor in leading the U.S. economy out of traumatic economic crashes, and with Home Predictor forecasting housing price rises in over a dozen states this year, it is hoped that things will finally get back on track and investors will begin to show the confidence they had five years ago.