The tides of the real estate market are turning, and they are turning in the alarming direction. With all the houses being built, we are a on the fore-front of this unpredictable market. So what has changed in the real estate market in 2006, compared to 2003-2004. And what are the experts saying about this. Interest rates are at an all-time high, and are not going down compared to 2003-2004. Bankruptcy laws changed in 2005. Creditors are making it harder to get loans. Credit is getting tighter which means a lot of people can't buy a home anymore because they can't qualify for it. The capital gains tax will increase and many people have seen their homes increase in value 50%-300%. The capital gains tax provisions that now allows you only to pay 15% on any capital gain will revert to 20% after the year 2008. Mortgages have converted from interest-only to principal and interest. So with all these changes how can you keep yourself with the upper hand on these new provisions.......

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Title: Real Estate
Approximate Word Count: 727
Approximate Pages: 3 (250 words per double-spaced page)

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