I watched this video this morning regarding the current housing market and I think this guy is dead on.

His name is Dean Baker – he’s the co-director of of the Center for Economic and Policy Research.  Anyway – he disagrees with many other economist that think the housing crisis is over and trending upward.

Baker points out that government programs such as the First Time Buyer tax credit temporary lifted the market, but vacancy rates still continue to climb.  And now that the tax credit has expired, look for a fall off in purchases.

The main point I want to emphasize is not to let this freak you out.

You may need to adjust your strategy for investing in real estate as there’s wasy for making money in real estate in bull markets as well as the bear markets.

Watch the video and tell me what you think in the comments below