Real Estate, Careers in the Field Making a Comeback?
It may be too early to declare that the U.S. real estate market is “back.” In fact, if you ask folks in California and Florida, they’d probably laugh at the suggestion. Nonetheless, September saw an increase in home sales that was unexpected, and it appears that with several more months of “inventory reduction” at fire-sale prices, the market may finally level out and begin to provide some legitimate employment opportunities for those looking to get into the field (or back into it).
It may take a brave soul to begin a career in real estate at the moment, but I would argue that it’s actually a good time to get started. If one can succeed as a real estate agent (for example) in the current market, then the good market times should be a breeze. For other looking to get into positions in real estate asset management, property management, commercial real estate, etc., the competition could be tough. The commercial market seem at present to be very suppressed, primarily because lenders are unwilling to make loans in this particular segment.
The other types of positions are generally salaried jobs for which there is intense competition. Still, those who are seeking real estate jobs in the current market can utilize various real estate job sites out there to find employment listings that are quite specific to their area of interest and, for those getting a foot in the door now, the good times may not be too far around the corner.
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