Feb 18, 2013
We like to peruse the news looking for clues we can use (and
words that rhyme). Unlike reports that look back on the past,
the daily news is talking about what's happening now. Much
more useful.
When it comes to real estate market cycles (and pretty much any
kind of financial cycle), we've observed that the pendulum swings
both ways.
In case you were in a coma, 10 years ago we were on the front end
of a huge updward surge in real estate values. Five years
ago, real estate hit a litle bump in the road to riches called the
greatest financial disaster since the Great Depression.
Ouch.
Of course, as bad as all that was for some people, it's been a
buying bonanza for the brave and the bold. And today the
headlines tell us that real estate is coming back across nearly
every sector. In other words, we could be on verge of a
surge.
What does it all mean? That's what we discuss on this episode
of The Real Estate Guys radio show!
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