The Real Estate Crystal Ball

Anyone who deals in Real Estate and wants to speculate when to buy or sell is always asking, when’s the top or the bottom of the market. The short answer is always “we know when it’s over”.

It’s a fact, we don’t know when we hit a ceiling until it’s over, and when it’s over, it’s over.

The following graph is for the Riverside-San Bernardino-Ontario counties and tracks the ups and downs of the Real Estate Market since 1977

Highest Ceiling was 2004

Lowest Bottom was 2008

This chart very clearly shows that our housing bubble from 2008 was very unique in that it was drastic and short lived compared to other housing corrections.

Since our recovery from the 2008 bust, we have maintained a more realistic year over year appreciation which is a good thing.

Following are the graphs for Los Angeles-Beach-Glendale and San Diego-Chula Vista-Carlsbad areas

We are always trying to predict the future of real estate. One thing is for sure….Real Estate long term will always be a good return on investment.

It’s always good to watch the trends of a true investor…..not talking about a speculative investor, but someone that’s in it, doing it full time and knows their stuff.

The true blue investor is always investing in Real Estate no mater the market and don’t try to crystal ball it. They find investments and either flip and sell or hold as a long term investment until the time is right. But they do watch for the signs of a changing market and make their moves before anyone else does.

The speculative investor, jumps in when prices are falling and sells when prices are up. It’s more risky but can give you a quick return on investment. It’s this type of investor that believe the current pandemic will cause prices to drop.

It’s too early to tell, but as of today, we are still in a seller’s market, values continue to climb and interest rates are at an all-time low.

The Coachella Valley continues to push ahead. Stay informed!

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