Pull the Trigger!

It is an exciting time in Silicon Valley, there is energy and anticipation in the air. Many believe, and I am inclined to agree, that the bottom has been hit locally. Inventory is low and prices are strong in strong in our market - it's simply a supply and demand issue. Job creation has taken flight, and cash rich corporations in the area are beginning to hire and spend money fueling growth.
Limited inventory appears to be the case in lots of Metropolitan Statistical Areas (MSAs) across the country. Banks are loosening their grip and supplying more loans, and with historically low interest rates, that is great news for the real estate investor.
it's time to look at your investment strategy and decipher what you want to do! I attended the California Apartment Association Expo this past week, and the energy and excitement there was palatable. Last year at this event, there appeared to be more booth holders than attendees! As an investor, who speaks with investors every day, people are definitely getting more excited about real estate again. This has been a long time coming.   History is a great source of information for us from an economic and financial perspective when looking at cycles. When we review the financial date from crisis throughout history, common threads emerge - greed, carelessness, fiscally irresponsible behavior, and then opportunity for those poised to take advantage. This is were we stand today - there are some great deals available, but there is a reluctance to pull the trigger. We were all a little shaken by the intensity of the recession and many felt it personally. Look ahead 20 years. History will tell us that NOW is a great time to invest in real estate. Do what you need to do to participate and you will not regret it!