Commerical bubble

[Account Closed]

Are we at the verge of a commerical bubble? I was emailed a great article. See it here. http://www.moneyandmarkets.com/next-big-real-estate-turn-ready-77655?em=tonygmc1%40verizon.net&utm_campaign=MAM3493a&campid=32825&utm_medium=email

[Joel Owens]

Sorry John that article had nothing of substance in it.

1. Real estate cycles average about 10 years give or take.

2. Asset classes cycle at different times across the country. This is a point many miss. Entry level housing in many areas started coming off the bottom in 2009 but multifamily and other commercial sectors have lagged behind in their recovery by years and years.

3. There is still great value in commercial properties today if you BUY RIGHT.

4. I have clients all across the country for retail strip centers and business is alive and well. Lots of businesses are expanding.

5. Real estate is local and has a micro market which might be the exception to where the national recovery is at for the cycle of a particular asset class.

You can overpay for anything or make money in any cycle. All about buying right with the correct exit strategy.