Housing Bubble 2.0 - It's Here .....
The Shocking Evidence that History Does Repeat Itself and There Will Be a Significant Market Shift in the Very Near Future.
We Have Seen This Before
History does repeat itself. A little more than a decade ago, the Housing Market experienced a Bubble and it slipped into a full blown Housing Crisis. Approximately 8 million homeowners lost their homes to Foreclosure and many more became displaced. Homeownership has fallen to its lowest point in 50 years.
What Can We Learn From the Past?
We are very fortunate as we get to experience not one, but two Housing Bubbles in our lifetime. This allows us to utilize a Time Machine to go back and review what caused the previous Bubble and Crisis. With this information we can look at where the market is currently at and predict the future in order to recognize the signs of the next Housing Bubble and properly prepare for it.
Prices Are Out of Control
More and more Real Estate Investors have been pushed out of the market as prices continue to rise. Both Retail and Investor buyers are competing in the market. When there is a low amount of inventory, competition increases and prices follow. Don't get caught up in the frenzy and buy at the peak of the market. Remember, you make your money when you buy correctly.
How is a Real Estate Bubble Created ?
The massive divergence in most key metros has been driven largely from the 3 things that happen to be present in all Bubbles throughout history:
Speculation, Leverage and Easing Credit Standards.
Bubble Theory 101: Bubbles do not go away. They don't ever deflate. Bubbles will ultimately burst.
It's Not Just a Housing Crisis We Face.
There are more economic issues in play right now. Rising personal debt and other financial gambles will contribute and cause a domino effect in multiple markets (think Bond, Auto, Student Loans and Commercial Real Estate). According to many Economists, we are on the verge of a Global Financial Crisis.
ARE YOU PREPARED FOR THE NEXT MARKET SHIFT ?
Get Ahead of the Game and the Competition By Understanding Where the Real Estate Market is Headed Now and in the Near Future. Start to prepare now.