Market Conditions going into 2018
Everyone always likes to act like an oracle and that they know what's going to happen. I don't know anything, but I can certainly speculate. The bottom-line is there are lot of buyers out there with money and there are not a lot of homes out there. There is a lot of demand which is a pressure for good home sales and appreciation going into 2018.
Why do I think this? Well, because I read and follow markets and pour through the MLS on a daily basis.
Please read these attached articles and tell me if you think that's true as well.
http://tfwla.com/real-estate-market-report/
https://la.curbed.com/2017/7/31/16070220/la-home-sales-booming-prices-rise
http://www.ocregister.com/2017/06/25/how-much-longer-can-home-prices-keep-going-up/
http://www.themreport.com/wp-content/uploads/2017/01/HaMMR_Winter2017.pdf
https://www.realtor.com/news/real-estate-news/home-sales-soar-2018-what-buyers-need-to-know/
http://www.homebuyinginstitute.com/news/housing-forecast-normal-growth-760/
https://www.mashvisor.com/blog/us-housing-market-forecast-second-half-2017/
Personally I think this is clear evidence that the market is strong and will continue to be strong through 2018 at least. No better time to invest than right now. Sometimes I don't understand why more people don't invest their IRAs or HELOCs into more aggressive higher return investments such as this: https://www.biggerpockets.com/forums/517/topics/49...
These investment opportunities are no-brainers.
Follow me www.scvest.com and www.private-money-loan.com
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