Jun 25, 2007

Panic in the Streets!

Subprime mortgages are dead.

Foreclosures are at all time highs.

Home sales continue to fall.

What on earth am I doing in real estate?

I believe that a great value is still a great value.
-Are they easy to find? No.
-Are they easy money? Absolutely not.
-Do they exist? Yes!

The real estate market is cyclical. It will turn around. When? I don't know. I do think Denver will start to pick up within the next 2 years. For renters or those who want to own a rental, now is a great time to get involved in residential real estate.

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