If I were a great prognosticator I would be blogging about my rich upper crust life style, rather than real estate. So when I make predictions keep that in mind.
However, I have said that this market is hot and will continue up for some time. Here are two major indicators:
1) When the stock market took it's recent dip interest rates went down. My feeling has been that the market is in a bubble and when the money comes out of the market it will go into bonds, lowering interest rates.
I also think that soon investors will get out of the market and may well put their money into Real Estate.
2) The Wall Street Journal Agrees with Me!
When you consider your Home Purchase I hope you consider Home Point Real Estate. Serving East Contra Costa County and beyond. Including Brentwood, Antioch, Discovery Bay, Oakley, and Pittsburg. Working with Buyers, Sellers and Investors. 925-260-4321.
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By Gene Riemenschneider
Broker and Owner
Home Point Real Estate - 925-260-4321 - Turning Houses into Homes
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Find Me at these Sites:
Home Point Real Estate
50 Sand Creek Road, Suite 316
Brentwood, CA 94513