According to one report, there may be a real estate recovery possible in the next 12 months
. Some of the experts within the real estate industry are allocating credit that the slowing of the real estate decline should be credited at least in part to investors and speculators who are snatching up various opportunites that are coming available in their respective markets. This is having 2 effects primarily: one, its lowering the total amount of inventory within the local markets, and two, its beginning to establish a bottoming out value for the homes in the markets. This stimulus has provided somewhat of a safety net to the real estate industry – and can help potentially motivate other prospective home purchasers to take action and make a purchase. Predictions for the real estate recovery within the next 12 (to 18) months, assume of course that there won’t be additional outside factors such as a worsening economy, job losses, etc. If these experts are on track, we should see some signs of recovery and improvement in early 2009 for those real estate markets that haven’t seen significant downturns in their local markets.