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Is it 2006 all over again? What do you think?

By Dennis Dahlberg Broker/RI 623-582-4444

Mortgage and Lending with Level 4 Funding NMLS 1018071 AZMB 0923961

January 28, 2020 10:22 AM

Low inventory and prices are going up up and up.

Are we headed for another crash in the market?

In 2007 I though I was the king of real estate invsting only to see the empire crash and by 2010 I was homeless and living in a van. Since then I climbed out of the hole and back on top again, but do not want to repeat 2007..but, but, but I getting the feeling that we are headed again to a major crash. Last night my wife asked if we could move to a newer bigger home,, but after looking at ARLMS the alternatives of listed homes, it seems like 2007. So I'm sitting where I am now. Nice home in a nice area. Not going to upgrade.

So what are you thinking about the future? Post your commets below.

About the Author: Dennis has been working in the real estate industry in some capacity for the last 44 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters and 5 amazing grandchildren. Dennis has been an Arizona resident for the past 43 years.

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