We are currently in the worst housing market I have seen in my 12 years in the real estate industry. Or are we?
I am often asked "Did you learn anything from Donald Trump"?
You bet I did! It would take a lot more than a short blog post to go through the list of lessons "The Donald" shared with us. One of the most obvious things I learned is don't sit on the sidelines when the opportunity is right in front of you.
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The media may be telling you now is not the time to be in the real estate market but what happened to "buy low, sell high"? If you have been sitting on the fence waiting for the bottom of the market you will end up missing it. With interest rates at an all time low and home prices 30-40% lower than 5 years ago it's time to get in the game.
Home ownership in my opinion will always be one of the greatest assets that will help build wealth over the long term. In fact, even with the current mess we are in – homes have increased in value 58% per square foot nationally over the last ten years.
