Could This Be the Best Real Estate Market in 5 Years?
I’ve spoken many times on my radio show about how fear is used to move us. Well, recently I spotted a great example. Just last week I wrote about how a mortgage “expert” was predicting a “death spiral” in the housing market. That was last week. This week, the National Association of Realtors is saying that the housing market in 2012 will be the strongest in five years. February was actually a 9.2 percent increase in home sales from last year.
For most people those two things wouldn’t compute, especially since the “expert” I quoted last week was predicting a 6 percent reduction in housing prices in 2012. This just all goes to show you something I’ve said for a long time: don’t believe the doom and gloom.
Read the rest of Could This Be the Best Real Estate Market in 5 Years? »
For more articles like this, please visit our Real Estate Investing Blog.