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Updated about 3 years ago on . Most recent reply

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Suzanne Player
  • Attorney
  • New York City / Long Island, NY
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Is the bubble about to burst? The Pros & Cons of Jumping in Now

Suzanne Player
  • Attorney
  • New York City / Long Island, NY
Posted
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The real estate market is booming in many parts of the country, along with the stock market.  But how long can these trends continue?

Not all markets follow the same boom & bust cycle.  Let's talk about the economy and how some real estate markets around the country are doing.  Covid has been a factor in how the markets have behaved, and it will not be the only factor.  There are always bargains to be had.

  • Suzanne Player
  • 516-503-7959
  • Most Popular Reply

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    Bjorn Ahlblad
    • Investor
    • Shelton, WA
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    Bjorn Ahlblad
    • Investor
    • Shelton, WA
    Replied

    @Suzanne Player I am in western wa 3 hrs sw of Seattle; our area is on fire............anything that hits the market is gone in no time. If it is a hopeless dump it might be available for a week.

    Lots of people cried wolf; 10 year cycle (3 yrs ago) never happened. The economy is strengthening and housing shortage continues. Downtown high rises and condos may be doing less well. Many strip malls and storefronts are suffering and downtown office space may be risky too. No idea how long this lasts or what happens next. Who could have predicted 2020?

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