Value can still be found in real estate

HeraldNet: Value can still be found in real estate:

"While national housing economists concur that the next wave of homebuyers will be focused more on shelter than an investment and will steer away from exotic mortgages in favor of more conventional financing, they believe there's still plenty of value in housing.

'We need to separate the investors from the speculators,' said John Tuccillo, former chief economist for the National Association of Realtors and now an industry consultant. 'The flippers are getting out, but the real investors with deep pockets still see tremendous value in some of the price drops around the country.'"