housing: Will there ever be a Bubble?
- 05/18/21 01:26 PM
If you have noticed, there have been sporadic reports of a bubble in real estate and then other reports that there is no bubble in real estate. How would one determine the future of real estate? Did you read the real estate column in the Sunday, May 16, Newsday? It talked about bidding wars, lack of adequate inventory, and the intense and passionate fervor of purchasers who are all in on competing for their next place to call home. Prices have increased by over 16 percent year over year throughout the U.S. Looking at my crystal ball and pinpointing and coming up … (3 comments)
housing: U.S. democracy weakened by non-voters
- 01/21/21 07:09 PM
Now that we are in a new year, how and what will change in people’s attitudes and the way they listen, communicate, accept, agree, and disagree in an appropriate manner going forward will have a huge impact on finding solutions leading to a successful U.S. economy and our democracy in the future. Ray Dalio, billionaire and founder of the most successful and largest hedge fund, Bridge Water Associates, said in an interview a little over a month ago, “People are passionately attached to their opinions and are not able as well to go through the thoughtful disagreement of how to get … (3 comments)
housing: All Things Real Estate: Home prices surprisingly strong in pandemic
- 08/30/20 08:47 AM
Have you noticed that real estate prices year-over-year have increased, regardless of our most serious Covid-19 pandemic calamity for almost the last six months? You would have thought that prices would have gone down, right? And the demand would have decreased. Well, we did have a cooling-off period from March 22 to June 9 when Realtors (and the public) legally could not go out but could do virtual tours and videos to connect with purchasers while some actually bought w/o physically entering the premises. Most important, prices did not decrease, but sales year-over-year were less. The reason being lack of and historically … (2 comments)
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If you have noticed, there have been sporadic reports of a bubble in real estate and then other reports that there is no bubble in real estate. How would one determine the future of real estate? Did you read the real estate column in the Sunday, May 16, Newsday? It talked about bidding wars, lack of adequate inventory, and the intense and passionate fervor of purchasers who are all in on competing for their next place to call home.
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