Foreclosures are increasing in the higher end markets in Northern California and prices are coming down in that market segment Not the perfect time to be purchasing a high end property
Our lower priced inventory seems to have bottomed out is currently increasing in price much of it being purchase for cash by international investors They seem to like the fact that they can purchase homes in a politically stable country below replacement cost that will cash flow with 25% down
A double dip recession would seem like a possibility coupled with very high inflation rates and rising interest rates
Both good reasons to invest in well priced leveraged real estate assets with positive cash flow and lock in currently record low long term intrest rates
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