Real Estate Market Trends
So has the bubble burst or not? Seems everyone has an opinion these days about the current state of our real estate market. It probably peaked summer of 2005 and we saw a long overdue increase in prices in the Basin. This area has been undervalued for many years and this needed to happen.
Important Lesson Number Two in the junior high Dirt 101 class was: real estate is cyclic. Always.
It’s important to keep this concept firmly in your mind when you think about buying or selling. The length of the cycle can vary, but it will always cycle through. Always.
Yes, buyers are in shorter supply today than they were last July. But they are still there. The trick now is to get their attention onto your property. Our Basin is attracting the interest of out of towners like never before. It makes sense. To a buyer from OC or LA or the IE, our prices look amazing.
Please call 760.401.7624 or Contact Me for more information!
