real estate cycle: How much longer before the downturn ends? Should I buy? READ THIS!
- 12/02/08 03:26 AM
These are key questions that Prickett Properties LLC gets from many of its investors. We often ask ourselves this very question. We spend a great deal of time researching, researching, researching. Through our research, we have found that there is an 18 year cycle in real estate. As Fred Foldvary pointed out, the downturn began in 2006 of the 18 year cycle (see previous post). Unfortunately, 2008 is a "key" year for the inevitable real estate downtown being marked as the year of the real estate depression. Now that we have accepted where we are in the real estate market, we … (0 comments)
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These are key questions that Prickett Properties LLC gets from many of its investors. We often ask ourselves this very question.
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