Wednesday, August 10, 2011

With all the turmoil in the financial markets, how's the local real estate market doing?

Revision note: oops, the quote is from Franklin Roosevelt.  Heh, heh I knew that heh.

Will the current world financial market turmoil have a negative effect on real estate here in Southern California?  Sure. Dramatically? Nobody knows. Most experts who thought we were at the bottom of the market no longer think that. Just being honest here, folks.  Here's what I know for certain:
- Life goes on;
- You need a roof over your head;
- In most cases, you'll need to pay for that roof, either by renting it or buying it.
- The only thing we have to fear is fear itself.

I know what you're thinking: "Gee, thanks, Winston Churchill. That was sure profound."

Point is, I don't know if it's a good time to buy or sell or rent or short sale for you until I know your specific, particular situation. Nobody else knows either. So please feel free to reach out to me.  Because one other thing I do know for certain is that I can help you sort out your options.


  1. Anonymous4:22 PM

    That was FDR, not Churchill.

  2. Anonymous9:06 AM

    Good advice. There are some situations where it could be ok to buy now, and some where it isn't. Rarely is any large financial decision, and buying a home for most people will be their largest, black and white.