2017 real estate bubble..

[Ty Monroe]

So I was browsing YouTube and I found some guy spouting off his doomsday theory about how we are in a real estate bubble and it's gonna pop in 2017, all his facts seemed pretty legit, but it's kinda worrying I guess. I want to get into real estate but that has me a little shaken. How likely is another bubble, and how likely is 2017 to be horrible for real estate??

[Jon Behlke]

If you're investing locally in Lafayette, IN and you're not doing high end rentals, I don't think it'll matter that much if there's a real estate recession.  Cities such as yours, (and near me such as Pittsburgh, PA and Morgantown, WV) have much less movement in our populations than say, Las Vegas, NV or Orlando, FL.  Will we see some downward pressure on prices?  Sure.  But it won't be enough to ruin your real estate investment plans long term.  You won't be able to cash out refi for as much, but then you won't need as much to buy properties in a depressed market.  

There will always be an excuse NOT to do something if you're looking for an excuse.  Stop looking for excuses and just execute your plan.