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The Big Question

Posted by adamrue on February 24, 2012
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I was out showing a couple from California a beautiful home with incredible views that was about 5,000 square feet with all the extras when one of them asked me the question I get almost everyday, “How long until the real estate market starts to improve?” Most of the time I just give a quick “feel good” canned answer that the real estate market is coming back soon. But the real truth of the matter is that THE REAL ESTATE MARKET WILL TAKE A LONG TIME TO RECOVER. The good news is to the average American, they won’t see too much change over the next few years. I personally don’t want to see big changes happen and I really don’t want interest rates move up or down. I want to see slow and steady improvements which I think will start to improve real estate.
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