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Thursday, October 20, 2016

About Rising Prices

‘Great News’ About Rising Prices.  We are certainly happy to see this. A couple years ago a well known billionaire suggested real estate was prime for investment - and he was right. Prices are climbing and the experts predict more growth next year. Some folks worry of a repeat of some very bad market experience but I don't think so - and I am agreeing with the experts this time. Prices adjust to market and as long as the same mistakes are not repeated, we should be good. There has been great effort to approve mortgages only for folks who have the ability to pay - this is a far more conservative approach than what was happening about 10 years ago. So check it out and see what you think.