Changing Local Markets
Posted by Gurpreet Ghatehora on
Real estate markets fluctuate, it’s the name of the game. In many ways it’s like the stock market, up and down, buy low, sell high – you get the picture. The only difference is that the real estate market is far less volatile than the stock market. Stock prices change every day, sometimes dramatically and with next to know warning. People lose millions of dollars at the drop of a hat. Real estate markets change more slowly and remain in peaks and valleys for far greater amounts of time.
So Real Estate is a safer investment then, right?
This is tough. The answer is both yes, and no. There are far more indicators out there to tip you off that the real estate market may take a dive soon, or that valuations may rise dramatically. So in some ways, yes,…
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