In the hayday, sellers were on top of the world. As we started to go down that slippery slope our emotions got the best of us. Some felt denial, fear, and outright panic as they watched their home value decline month ater month. Now, buyers are asking for the world and some are getting while others are not. Check out this graphs which depict the roller coaster we all ride and why real estate is still a good investment:
Some experts say we have reached the maxium point of investment, while others say we are not there yet. If you gamble, the interest rates may get you in the end.
Real estate has been and always will be a long term investment.
Signing off with energy to spare,