This has certainly been an interesting year in real estate. And we are still staring at the tea leaves trying to see the direction of the market and figure out what the future holds.
This has certainly been an interesting year in real estate. And we are still staring at the tea leaves trying to see the direction of the market and figure out what the future holds.
Two years ago this week, I outlined current rates, inventory and some other conditions…
Last year I wrote a post about Contrarianism in investing. I still believe that the best opportunities go to those that run against the crowd. And oddly, the same conditions exist. Actually, in some cases… things might even be better.
Without a doubt, EVERYONE is looking for a deal if they are in the real estate market. Barely a day goes by that I don’t get a call asking me about foreclosures and short sales.
There are some terms that we toss around in the real estate industry as if people knew what we were talking about… Absorption Rate is one of those terms.
It isn’t complicated, but if you are unfamiliar with the term, if can be confusing. And unlike “Bacon Double Cheeseburger”, it isn’t really self explanatory.