Long term issue
20% of U.S. Homes may go into foreclosure this year.
REAL ESTATE
ARE YOU SELLING ?
The Ugly Truth About Selling Your Home In Today’s Housing Market Al Czervik from the movie "Caddyshack," played by Rodney Dangerfield, gets a call on the golf course: "Hello. It's my broker. What? Then buy, buy, buy! Oh, everyone's buying? Then sell, sell, sell!"
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Al Czervik from the movie "Caddyshack," played by Rodney Dangerfield, gets a call on the golf course: "Hello. It's my broker. What? Then buy, buy, buy! Oh, everyone's buying? Then sell, sell, sell!" What I learned from Al is don't follow the herd, they are generally wrong and late. If everyone wants to buy, look around, it's probably the top. Definitely if everyone is heading for the exit, it's the bottom. The same is true in the real estate market. When consumer confidence is down and doom and gloom is in the media, look around. Is it time to follow the crowd and buy gold, or zig when they zag and buy real estate?
PENINSULA LIFE MAGAZINE MARCH/APRIL 2012