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Non-Tech : Investing in Real Estate - Creative Opportunities
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Jurgis Bekepuris
To: John Vosilla who wrote (1730)6/17/2013 2:19:16 PM
From: tejek1 Recommendation  Read Replies (1) of 2722
 
I am looking at the rest of the nation and seeing many of the same characteristics more often than not these days..

You may well be right but I guess I see things differently. First bubbles usually don't happen at the beginning of the recovery. Secondly, prices are moving up primarily because too many people are still underwater and are keeping their homes off the market. In the meantime there is pent up demand........its that combo that's leading to big price jumps. Having said that, as I posted yesterday, bidding wars are starting to abate. Thirdly, there is still way too much slack in the economy and too many people unemployed. That's makes it harder to create bubbles. All IMO of course.
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