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Market Cycles

By
Real Estate Agent with Service 24 Real Estate

Yes, I know I'm remiss in just now reading the July issue of Tierra Grande.  If you haven't yet, please, for business' sake, make time.  As always, Mark Dotzour delivers an excellent over-view of housing markets and Ali Anari gives us a brief lesson on real estate cycles.

The majority of my market consists of second-home as well as investment property.  While we have not been as impacted as some markets, these articles allowed me to step back a little to view our market situation in a better perspective. They have also caused me to take the time to reflect on the history of our market since I began selling here in 1995.

While we are now facing the aftermath of Hurricane Dolly, I can take heart that real estate is still alive and rebounding.  The cycles will continue to come around.