It seems like there are as many predictions about the recovery of the real estate market as there are stars in the sky. A quick Google search will lead you to opinion after opinion, tackling the issue from all angles. In fact, you’ll find glowingly optimistic predictions in one article and doom saying in another. For real estate investors, how do know who to trust when the same data is being interpreted in vastly different ways?

What if you choose to put your future in an opinion that turns out to be wrong? There’s a lot of risk there.

Everyone has something to say about the real estate market. That’s no surprise, considering local real estate markets vary and can’t really be used to gauge or predict the overall national market.  Watch the national news for five days in a row and you are likely to get five different stories on the real estate market with five different "revelations".  

You’ll hear a lot of conflicting information from plenty of people, and many of them are considered credible in their field and others just claim the mantle of credibility.  So how do you know which headlines to trust?  How do you know when the source of information is real or when, say a magazine, is carrying the water for their advertisers.  It can be very confusing to know where good advice can be found in today's real estate space.

Ah, mortgage rate news. Mortgage rates do, after all, impact the state of the real estate market, nationally and locally. In 2014, mortgage rates have been holding a relatively steady pattern. According to Freddie Mac, the national mortgage rates in the U.S. real estate market have actually decreased a fraction since earlier in April.