Ok where were we?
Oh yeah……Non investors buying with the “it will be worth more in 5 years” and then we can sell at a “hefty profit”
Really?
To who?
Other investors?
New Boom!
Oh, I guess I am in the fortune telling business.
Ah…. but if you are a “Real Homeowner”…..it’s a great time to buy what you will not be able to buy in the near future for one simple reason.
Interest Rates
Remember the FEDS keeping rates artificially low?
Take advantage of the FEDS cheap dough, do it as soon as you can; they CANNOT keep it up…