even if you miss the exact bottom of the market, it would be better to miss it by 10 or 15 percent on the way back up than on the way down to the bottom.
Hi, I agree, but there will be a period of time were the market will crawl on the bottom and be flat. The prices will remain low, flat, and then go up. Thanks for the info. I am watching the market in NJ closely. I am a real estate appraiser and investor. I bought properties that nobody wanting in the late 1990's and then sold some in the mid 2000's.
The Government is printing 3.3 billion dollars of cash per day so we should be experiencing massive inflation but the contraction in Jobs and Real Estate is holding inflation under control. After 2012 short sales will cease because loans will quit resetting to higher payments and prices and rates will strengthen some. Around 2015 Bank owned property will be sold off and prices will rise much faster. 2013 and 2014 should still be good but probably slightly higher rates and prices.
even if you miss the exact bottom of the market, it would be better to miss it by 10 or 15 percent on the way back up than on the way down to the bottom.
jones6119 1 month ago
Hi, I agree, but there will be a period of time were the market will crawl on the bottom and be flat. The prices will remain low, flat, and then go up. Thanks for the info. I am watching the market in NJ closely. I am a real estate appraiser and investor. I bought properties that nobody wanting in the late 1990's and then sold some in the mid 2000's.
HASHEMANDHOFFER 4 months ago
Thanks, I am looking into buying this year!
zmelli 5 months ago
another great well presented video. Thank You
rayrockusa 6 months ago
Does all of the other things you said in the other videos still apply?
esoism 6 months ago
@esoism
About the only thing different is that I believe March 2012 to be the price bottom in Real Estate instead of 2012 or 2013.
MrAlanKendall 6 months ago
@MrAlanKendall Thanks for taking your time out to update.
esoism 6 months ago
@MrAlanKendall What about early 2014? I am thinking to buy either end 2013 or early 2014. Particularly in Orange County.
daviddang82 3 weeks ago
@daviddang82
The Government is printing 3.3 billion dollars of cash per day so we should be experiencing massive inflation but the contraction in Jobs and Real Estate is holding inflation under control. After 2012 short sales will cease because loans will quit resetting to higher payments and prices and rates will strengthen some. Around 2015 Bank owned property will be sold off and prices will rise much faster. 2013 and 2014 should still be good but probably slightly higher rates and prices.
MrAlanKendall 3 weeks ago
Mr Kendall... Would like to thank you for continuing to post your videos containing such invaluable information. It's very much appreciated!
alphalobo 6 months ago