Housing Market Cycles
Posted by Brad Officer on
There are many graphs and charts showing the housing market, but I like this one. This one is different in that it shows the actual emotions of what we feel as homeowners going through a major real estate cyle like we have all just experienced.
We are currently seeing the "Point of Maximum Financial Opportunity". How long will it continue has been argued by many economist. Doesn't matter. The main point is that now is a great time to buy a home in Jacksonville, FL......especially waterfront homes!
If you are already a home owner, notice the graph goes up and goes down. We are always somewhere on this cycle as the cycle will keep going on forever. Amazingly, home prices always go up over the long term. Proof: Not many people will agree to…
1417 Views, 0 Comments