Posts
Just picked up an article from the Seattle Times which I have posted on my Facebook page and Linkedin site. Be sure to read it!
It says in plain language that "People shouldn't look at a home as a way to make money, because it won't". It points to the current dip in activity as the new reality in the market for the years to come.
"Wealth generated by housing in those decades (the second half of the 20th century), particularly on the coasts, did more than assure owners a comfortable retirement. It powered the economy, paying for the education of children and grandchildren, keeping cruise ships and golf courses full and restaurants humming. That era is probably gone for good."
This article is well documented and goes a long way to explaining what may lie ahead in the industry.
Enjoy!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment