Friday, April 5, 2013

It's heating up out there!

Can someone say the perfect storm in real estate has occurred?  4 years of being in the bottom and emerges a year with record lows on interest rates, low supply, high demand and a resurgence that can actually exceed the previous peak?  No, say it ain't so.  Yup, you guessed it, here we go again but this time, it looks sustainable which is great!

Bigger macro issues?  Indeed so.  Inflation, currency devaluation, possible new wars, Europe economic crisis, red. vs. blue getting very extreme in Washington, etc.  Certainly there are some bigger  messes out there but it does not negate the fact that we are in a new emerging cycle, a ton of liquidity on the sideline waiting to get in.

This should be a very interesting summer.
If you have not already jumped in, now is the time to do so.  Six more months and you will be too late!

-Suneet Singal

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