Like any bubble, those who are the last in are the first to fall. When you get caught up in the frenzy, you toss caution out the window. Bad idea. It’s those with the patience to spot the up and coming neighborhoods and start the trend that win. Once it hits the media it’s too [...]
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Real Estate
Right now, companies all around us are faltering – or crashing. In real estate, we’ve seen incredibly successful developers plummet into bankruptcy. Mortgage brokers looking for any job they can get. At least one developer – a pillar of the community in central Oregon – ended his life. Just like the Madoff investor who lost [...]
Continually we hear about foreclosures and dropping home values. The media trumpets the latest bad news every day. What we don’t hear much about is what’s good about real estate.
Like the stock market, real estate will rebound. Unlike the stock market, with real estate, you have a tangible asset you can use for yourself or [...]