When real estate was sexy, cocktail party conversation was all about the deal. Everyone wanted to brag about the property they stole. The one they just sold to multiple offers at 50% over asking price was not uncommon. As my husband was getting his haircut, the stylist was lecturing him on his real estate holdings. She has flipped a couple of homes in a market a monkey could have turned a profit in. She is an expert. Flash forward 10 years, and the Internet is the expert. It reports daily activity all over the USA. The information shapes a buyer's approach. A single Doc fell in love with another home and wrote a contract that night. Woke up to the news saying the residential market was slowing due to interest rate increases, and she panicked. That information was simply not accurate in the market she was looking to purchase. My phone is ringing off the hook. We are still dealing with super cheap money. Cash is king. Real estate may not be sexy, but it is a great investment. Consult an area expert and listen to them.
Everybody is an Expert
Woke up to the news saying the residential market was slowing due to interest rate increases, and she panicked.
