No where is the commentary that the real estate market in the U.S. is as varied as the country itself true than when it comes to the matter of residential real estate. Depending on where a person is interested in residing, in making the purchase of residential property, will dictate how much money will need to be spent on such a purchase.
In some cities in the United States — many of the major cities on both the east and west coasts of the country, for example — the prices of residential properties continues to increase rather dramatically over time. On the one hand, the ever rising cost associated with the purchase of residential property in some cities in the country is keeping some men and women out of the housing market all together.
On the other hand, with the ever rising prices of houses in some cities in the United States, some people are making a good return on their residential property purchases when they elect to sell these homes.
With that said, in many other locations around the United States, the housing market and the prices associated with residential properties is flatter and has been more level for an extended period of time. In such communities, it becomes easier for a first time homeowner to enter into the residential housing market. However, if a person is interested in using his or her residence in part for investment purposes, a flat housing market is not an ideal setting to do so.